Assertio Reiterates Guidance For 2024, Calling For Net Product Sales Of $110M-$125M (Est $117.35M) And Adjusted EBITDA Of $20M-$30M
Portfolio Pulse from Benzinga Newsdesk
Assertio has reiterated its guidance for 2024, projecting net product sales to be between $110M-$125M, with an estimated average of $117.35M, and adjusted EBITDA to range from $20M-$30M.

May 06, 2024 | 8:37 pm
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Assertio reiterates its 2024 financial guidance, expecting net product sales of $110M-$125M and adjusted EBITDA of $20M-$30M.
Reiterating financial guidance often signals management's confidence in the company's future performance. For Assertio, maintaining its sales and EBITDA projections for 2024 could positively influence investor sentiment, potentially leading to a short-term uptick in its stock price. The specificity of the guidance, along with the alignment with estimated averages, underscores a strong operational outlook, further bolstering the case for a positive impact.
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