AVH - AVITA Medical, Inc

[finicky]

0AVH smashed, down 20% upon FDA letter to the Company that is requesting additional information on its latest device, RECELL GO.
Another uninvestable biotech, just a chart follow and maybe a punt here or there for a trader so inclined.

Not Held

 

[UMike]

Almost May 24 Still AVH:ASX ---- $4.830

Many Brokers still love this stock though........
?????

 

[rcw1]

Good morning

Q3 2024 FINANCIAL RESULTS
Commercial revenue: • $19.5 million, an increase of ~44% year-over-year Gross profit margin:
• 83.7%
Cash and cash equivalents:
• As of September 30, 2024: approximately $44.4 million
• Sufficient capital to meet goals and reach profitability

2024 FINANCIAL GUIDANCE
Commercial revenue:
• Q4 2024: expect $22.3 to $24.3 million, representing ~58% to 72% growth year-over-year
• FY 2024: expect $68 to $70 million, reflecting a growth rate of over 37% to 41% year-over-year and our ongoing growth trajectory
• Reaffirming our expectation to achieve cashflow break even and GAAP profitability by the end of Q3 2025