Senseonics Sees FY24 Net Revenue $22M-$24M Vs $26.010M Est.
Portfolio Pulse from Benzinga Newsdesk
Senseonics has revised its FY24 net revenue forecast to $22M-$24M, which is below the previous estimate of $26.010M.
June 21, 2024 | 8:08 pm
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Senseonics has lowered its FY24 net revenue forecast to $22M-$24M, which is below the previous estimate of $26.010M. This revision may negatively impact investor sentiment and the stock price in the short term.
The downward revision of the revenue forecast indicates potential challenges in achieving previously expected financial performance. This could lead to negative investor sentiment and a decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100