ArtiCure Sees FY24 Revenue ~$459M-$462M Vs $458.111M Est; Adj. EPS ($0.80)-($0.74) Vs $(0.79) Est.
Portfolio Pulse from Benzinga Newsdesk
AtriCure has updated its FY24 revenue guidance to approximately $459M-$462M, slightly above the previous estimate of $458.111M. The adjusted EPS is expected to be between ($0.80)-($0.74), compared to the estimated ($0.79).
October 29, 2024 | 8:07 pm
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POSITIVE IMPACT
AtriCure's updated FY24 revenue guidance is slightly above estimates, while adjusted EPS is in line with expectations. This suggests stable financial performance.
The revenue guidance being slightly above estimates indicates potential growth, which is positive for the stock. The adjusted EPS range being close to estimates suggests stable earnings performance, supporting a positive short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100