PTC Therapeutics Paused 2024 Revenue Guidance as it Struggles to Weigh the Impact of Continued Authorization of Translarna in Europe
Portfolio Pulse from Benzinga Newsdesk
PTC Therapeutics has paused its 2024 revenue guidance due to uncertainties in forecasting the impact of the continued authorization of Translarna in Europe. The company will update its guidance at a future date.
May 20, 2024 | 11:07 am
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PTC Therapeutics has paused its 2024 revenue guidance due to uncertainties in forecasting the impact of the continued authorization of Translarna in Europe. The company will update its guidance at a future date.
The pause in revenue guidance indicates uncertainty and potential challenges in accurately predicting future financial performance, which could negatively impact investor sentiment and short-term stock price.
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