AVITA Medical Inc
AVH: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|!H!<$! | LOCK|s%? | LOCK|c!%wj& |
Avita Medical: CEO Exit and Likely Revenue Downgrade Postpones Recovery
Avita Medical's CEO Jim Corbett is stepping down, while third quarter sales of USD 17 million were 8% lower than the second quarter. The firm will update 2025 guidance at its quarterly earnings result on Nov. 6. The trading update and leadership uncertainty sent shares down 17%.
