SOPHiA GENETICS Reaffirms FY24 Revenue $78M-$81M Vs $79.168M Est.
Portfolio Pulse from Benzinga Newsdesk
SOPHiA GENETICS has reaffirmed its fiscal year 2024 revenue guidance to be in the range of $78 million to $81 million, aligning closely with the analyst estimate of $79.168 million.
May 07, 2024 | 11:44 am
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SOPHiA GENETICS reaffirms its FY24 revenue forecast, indicating stable financial expectations and alignment with analyst estimates.
Reaffirming revenue guidance, especially when it aligns with analyst estimates, typically instills confidence in investors about the company's financial health and future prospects. This announcement from SOPHiA GENETICS suggests a positive outlook and stability in their financial planning, which could lead to a positive short-term impact on the stock price.
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