AVITA Medical Inc ADR

AVH: XASX (AUS)
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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%.

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