Beyond Air Reiterates FY25 Revenue Guidance Of At Least $10M, Est $9.67M; Expects To Achieve Cash Flow Breakeven In Q4 Of 2026
Portfolio Pulse from Benzinga Newsdesk
Beyond Air has reiterated its FY25 revenue guidance of at least $10M, surpassing the estimated $9.67M. The company expects to achieve cash flow breakeven by Q4 of 2026, with a net cash burn rate of less than $30 million in FY 2025.
August 06, 2024 | 9:35 pm
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Beyond Air has reiterated its FY25 revenue guidance of at least $10M, surpassing the estimated $9.67M. The company expects to achieve cash flow breakeven by Q4 of 2026, with a net cash burn rate of less than $30 million in FY 2025.
The reiteration of revenue guidance above estimates and the projection of achieving cash flow breakeven by Q4 2026 are positive indicators for Beyond Air. These factors are likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100