Energy Recovery Reaffirms FY Revenue Guidance $140M-$150M
Portfolio Pulse from Benzinga Newsdesk
Energy Recovery has reaffirmed its full-year revenue guidance, projecting revenues between $140 million and $150 million.
July 31, 2024 | 9:10 pm
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Energy Recovery has reaffirmed its full-year revenue guidance, projecting revenues between $140 million and $150 million. This positive outlook is likely to boost investor confidence.
Reaffirming revenue guidance indicates that the company is on track to meet its financial targets, which is a positive signal for investors. This can lead to increased investor confidence and potentially a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100