AVITA Medical Inc ADR
AVH: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|@R?j@% | LOCK|N>K | LOCK|^$!t$& |
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.
