BioStem Technologies Announces Record Preliminary Fourth Quarter Net Revenue of $102.9 Million, with Full-Year 2024 Net Revenue Expected to Reach $301.8 Million
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BioStem Technologies reported a record preliminary fourth-quarter net revenue of $102.9 million and expects full-year 2024 net revenue to reach $301.8 million. The company focuses on placental-derived products for advanced wound care.
January 13, 2025 | 12:15 pm
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BioStem Technologies reported record preliminary Q4 net revenue of $102.9 million and expects full-year 2024 revenue to reach $301.8 million, indicating strong financial performance and growth in the MedTech sector.
The announcement of record Q4 revenue and strong full-year projections suggests positive financial health and growth potential for BioStem Technologies. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100