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Beyond Air Reiterates FY25 Revenue Guidance Of $12M-$16M Vs $13.82M Est.

Author: Benzinga Newsdesk | February 12, 2024 05:32pm

"In the third quarter of fiscal year 2024, we reported solid sequential revenue growth of more than 60% compared with the second quarter. This increasing demand for our current LungFit PH system was seen even as we prepared to launch a key software update. As our inventory of upgraded LungFit PH grows, we expect to be able to meet accelerating demand over the next several quarters. This positive commercial traction gives us even more confidence in hitting our fiscal year 2025 sales guidance of $12 to $16 million," 

Posted In: XAIR


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