Trinity Biotech shares are trading higher after the company announced an increase in projected revenue for its TrinScreen HIV to $10 million from $8 million.
Portfolio Pulse from Benzinga Newsdesk
Trinity Biotech shares rose following the company's announcement of increased projected revenue for its TrinScreen HIV product, from $8 million to $10 million.
August 27, 2024 | 10:31 am
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Trinity Biotech's stock is trading higher due to an upward revision in revenue projections for its TrinScreen HIV product, now expected to generate $10 million instead of $8 million.
The increase in projected revenue for TrinScreen HIV indicates strong demand and potential growth, positively impacting investor sentiment and driving the stock price higher.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100