Redwire Raises Its Full-year 2024 Revenue Guidance From $300M To $310M; Est $304.342M
Portfolio Pulse from Benzinga Newsdesk
Redwire has raised its full-year 2024 revenue guidance from $300 million to $310 million, surpassing the estimated $304.342 million.
August 14, 2024 | 9:31 pm
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Redwire has increased its full-year 2024 revenue guidance from $300 million to $310 million, exceeding the estimated $304.342 million. This positive revision indicates strong business performance and growth prospects.
The increase in revenue guidance suggests that Redwire is performing better than expected, which is likely to boost investor confidence and positively impact the stock price in the short term.
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