Vicarious Surgical Reiterates Expected FY24 Cash Burn Of ~$50M
Portfolio Pulse from Benzinga Newsdesk
Vicarious Surgical has reiterated its expected cash burn of approximately $50 million for the fiscal year 2024.
August 12, 2024 | 8:29 pm
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NEUTRAL IMPACT
Vicarious Surgical has reiterated its expected cash burn of approximately $50 million for the fiscal year 2024.
The reiteration of the expected cash burn indicates that the company is maintaining its financial projections. This news is neutral as it does not introduce new information that would significantly alter investor sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100