American Well Reiterates FY24 $259M-$269M Vs $261.535M Etc.
Portfolio Pulse from Benzinga Newsdesk
American Well (AMWL) has reiterated its FY24 revenue guidance of $259M-$269M, compared to the consensus estimate of $261.535M.
July 31, 2024 | 9:35 pm
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American Well (AMWL) has reiterated its FY24 revenue guidance of $259M-$269M, which aligns closely with the consensus estimate of $261.535M. This indicates stability and predictability in the company's financial outlook.
The reiteration of revenue guidance within the expected range suggests that American Well is on track to meet its financial targets, which is a positive signal for investors. This stability can lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100