iRhythm Sees FY24 Revenue $582.5M-$587.5M Vs $585.328M Est.
Portfolio Pulse from Benzinga Newsdesk
iRhythm Technologies has projected its fiscal year 2024 revenue to be between $582.5 million and $587.5 million, slightly below the estimated $585.328 million.
October 30, 2024 | 8:20 pm
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NEUTRAL IMPACT
iRhythm Technologies' FY24 revenue projection of $582.5M-$587.5M is slightly below the market estimate of $585.328M, which may lead to a neutral to slightly negative short-term impact on the stock price.
The revenue projection is slightly below the market estimate, which could lead to a neutral or slightly negative reaction from investors. However, the range is close to the estimate, suggesting limited impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100