Assertio Sees FY24 Revenue $110M-$125M Vs $120.59M Est.
Portfolio Pulse from Benzinga Newsdesk
Assertio Holdings, Inc. (ASRT) has provided its revenue guidance for the fiscal year 2024, projecting revenues between $110 million and $125 million. This range is slightly below the market estimate of $120.59 million.
August 07, 2024 | 9:57 pm
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Assertio Holdings, Inc. (ASRT) has issued its revenue guidance for FY24, projecting revenues between $110 million and $125 million, which is slightly below the market estimate of $120.59 million.
The revenue guidance provided by Assertio Holdings for FY24 is slightly below market expectations. This could lead to a short-term negative impact on the stock price as investors may react to the lower-than-expected revenue projection.
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