Solid Power Reaffirms FY24 Revenue $20M-$25M Vs $22.578M Est.
Portfolio Pulse from Benzinga Newsdesk
Solid Power has reaffirmed its FY24 revenue guidance to be between $20 million and $25 million, compared to the estimated $22.578 million.
June 17, 2024 | 12:06 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Solid Power has reaffirmed its FY24 revenue guidance to be between $20 million and $25 million, which is in line with the market estimate of $22.578 million.
The reaffirmation of revenue guidance within the expected range suggests stability and predictability in Solid Power's financial performance. This is likely to maintain investor confidence but may not significantly impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100