Ginkgo Bioworks Holdings Sees FY24 Revenue $170M-$190M Vs $179.502M Est.
Portfolio Pulse from Benzinga Newsdesk
Ginkgo Bioworks Holdings has projected its FY24 revenue to be between $170 million and $190 million, compared to the estimated $179.502 million.
August 08, 2024 | 9:05 pm
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Ginkgo Bioworks Holdings has projected its FY24 revenue to be between $170 million and $190 million, compared to the estimated $179.502 million.
The revenue projection is within the expected range but shows a potential for higher earnings. This positive outlook is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100