Inspire Medical Systems Expects FY24 Revenue Of $788M-$798M (Prior $775M-$785M) Vs $787.9M Est
Portfolio Pulse from Benzinga Newsdesk
Inspire Medical Systems has updated its full-year 2024 revenue guidance to a range of $788 million to $798 million, representing a 26% to 28% growth over 2023. This is an increase from the prior guidance of $775 million to $785 million.
July 29, 2024 | 10:49 am
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Inspire Medical Systems has raised its full-year 2024 revenue guidance to $788 million to $798 million, up from the previous range of $775 million to $785 million. This new guidance represents a 26% to 28% growth over 2023.
The increase in revenue guidance suggests stronger-than-expected performance and growth prospects for Inspire Medical Systems. This positive outlook is likely to boost investor confidence and drive the stock price up in the short term.
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