ADMA Biologics Sees FY24 Revenue More Than $355M Vs $333.875M Est.
Portfolio Pulse from Benzinga Newsdesk
ADMA Biologics projects its FY24 revenue to exceed $355 million, surpassing the estimated $333.875 million. This forecast suggests a positive outlook for the company's financial performance in the upcoming fiscal year.
May 09, 2024 | 9:15 pm
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ADMA Biologics anticipates FY24 revenue to be over $355 million, which is higher than the analysts' expectations of $333.875 million.
The projection of higher-than-expected revenue for FY24 indicates a strong financial outlook for ADMA Biologics, likely leading to increased investor confidence and a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100