LifeMD Raises FY24 Revenue Guidance To At Least $205M, Up From Prior Guidance Of At Least $200M (Est $201.378M)
Portfolio Pulse from Benzinga Newsdesk
LifeMD has increased its FY24 revenue guidance to at least $205 million, up from the previous guidance of at least $200 million, surpassing the estimated $201.378 million.
May 08, 2024 | 10:09 pm
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LifeMD has raised its FY24 revenue forecast to a minimum of $205 million, exceeding both its prior forecast and analyst estimates.
Raising revenue guidance typically signals a company's strong performance and optimistic outlook, which can positively influence investor sentiment and potentially lead to a rise in stock price in the short term.
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