Adaptive Biotechnologies Expects 2024 Revenue For The MRD Business To Be $140M-$145M, Up From Prior Range Of $135M-$140M
Portfolio Pulse from Benzinga Newsdesk
Adaptive Biotechnologies has revised its 2024 revenue expectations for its MRD business to $140M-$145M, up from the previous range of $135M-$140M.
August 01, 2024 | 9:21 pm
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Adaptive Biotechnologies has increased its 2024 revenue forecast for its MRD business to $140M-$145M, up from the previous range of $135M-$140M. This positive revision indicates stronger than expected performance and could boost investor confidence.
The upward revision in revenue expectations suggests that Adaptive Biotechnologies is performing better than initially anticipated. This is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100