SI-BONE Updates FY24 Worldwide Revenue Guidance From $162M-$165M To $164M-$166M Vs $163.631M Est.
Portfolio Pulse from Benzinga Newsdesk
SI-BONE has updated its FY24 worldwide revenue guidance, increasing it from the previous range of $162M-$165M to a new range of $164M-$166M, compared to the analyst estimate of $163.631M.
May 06, 2024 | 9:03 pm
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SI-BONE has raised its FY24 revenue guidance, now expecting revenues to be between $164M and $166M, which is above the analyst estimate of $163.631M.
Raising revenue guidance typically signals management's confidence in the company's growth prospects and operational performance. This update from SI-BONE suggests a positive outlook, likely leading to increased investor confidence and potentially a positive impact on the stock price in the short term.
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