Natera Sees FY24 Revenue $1.49B-$1.52B vs $1.44B Est., Gross Margins 54-56% Of Revenues
Portfolio Pulse from Benzinga Newsdesk
Natera projects its FY24 revenue to be between $1.49 billion and $1.52 billion, surpassing the estimated $1.44 billion. The company also expects gross margins to be between 54% and 56% of revenues.
August 08, 2024 | 8:14 pm
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Natera projects its FY24 revenue to be between $1.49 billion and $1.52 billion, surpassing the estimated $1.44 billion. The company also expects gross margins to be between 54% and 56% of revenues.
Natera's revenue projection for FY24 exceeds market estimates, which is likely to positively impact the stock price. Additionally, the expected gross margins of 54-56% indicate strong profitability.
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