AVITA Medical Inc

AVH: XASX (AUS)
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Avita Medical Earnings: Restored Reimbursement Clarity a Positive Despite Revenue Downgrade

Avita Medical's third-quarter sales of USD 17 million were 8% lower than the second quarter, negatively affected by reimbursement uncertainty since January. The midpoint of full-year guidance is cut 10% to USD 72 million, from USD 79 million. Shares declined 3% on the release.

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