Augmedix Affirms Outlook; Continues To Expect Q2 Revenue To Increase Slightly Sequentially; FY24 Revenue Of $52M - $55M, Est $53.209M
Portfolio Pulse from Benzinga Newsdesk
Augmedix reaffirms its financial outlook, expecting a slight sequential increase in Q2 revenue and projecting FY24 revenue between $52M and $55M, aligning with market estimates.

June 04, 2024 | 11:23 am
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Augmedix reaffirms its financial outlook, expecting a slight sequential increase in Q2 revenue and projecting FY24 revenue between $52M and $55M, aligning with market estimates.
The reaffirmation of the financial outlook and alignment with market estimates is likely to instill confidence among investors, potentially leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100