Outset Medical Reaffirmed 2024 Revenue Guidance $145M-$153M vs $148.17M Est.
Portfolio Pulse from Benzinga Newsdesk
Outset Medical has reaffirmed its revenue guidance for 2024, projecting revenues to be in the range of $145 million to $153 million, which aligns closely with the estimated $148.17 million by analysts.
May 08, 2024 | 9:41 pm
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Outset Medical reaffirms its 2024 revenue guidance, projecting it to be between $145 million and $153 million, in line with analyst estimates of $148.17 million.
Reaffirming revenue guidance, especially when it aligns with analyst expectations, can instill confidence in investors about the company's financial health and future prospects. This alignment with analyst estimates suggests that Outset Medical is on track to meet or potentially exceed market expectations, which could positively influence its stock price in the short term.
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