Biodesix Sees FY24 Revenue $70M-$72M Vs $66.98M Estimate
Portfolio Pulse from Benzinga Newsdesk
Biodesix has announced its FY24 revenue forecast to be between $70 million and $72 million, surpassing the previous estimate of $66.98 million.
August 07, 2024 | 9:26 pm
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POSITIVE IMPACT
Biodesix has raised its FY24 revenue forecast to $70M-$72M, which is higher than the previous estimate of $66.98M. This positive revision indicates strong business performance and could boost investor confidence.
The upward revision in revenue forecast suggests better-than-expected business performance, which is likely to positively impact the stock price in the short term as it boosts investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100