AVITA Medical Stock Falls 14% on Reduced Guidance (RCEL:NASDAQ)


Computer key - 4th quarter

jurgenfr

Shares of AVITA Medical (NASDAQ:RCEL) fell 14% after the company released updated revenue guidance for 2024 and 2025.

After the market close, AVITA (NASDAQ:RCEL) said it now expects to report fourth-quarter commercial revenue of about $18.4 million, down from its previously reported range



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