Emergent BioSolutions Updates Total Revenue Range From $1B-$1.1B To $1.05B-$1.125B vs $1.03B Est.
Portfolio Pulse from Benzinga Newsdesk
Emergent BioSolutions has updated its total revenue range for the fiscal year from $1 billion-$1.1 billion to $1.05 billion-$1.125 billion, surpassing the estimated $1.03 billion.
August 06, 2024 | 9:53 pm
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Emergent BioSolutions has increased its total revenue range for the fiscal year to $1.05 billion-$1.125 billion, which is higher than the previously estimated $1.03 billion.
The upward revision of the revenue range indicates better-than-expected financial performance, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100