Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Stock

Amicus stock surges on positive 2024 revenue outlook

admin by admin
January 13, 2025
in Stock
0
Amicus stock surges on positive 2024 revenue outlook
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

Investing.com — Shares of Amicus Therapeutics (NASDAQ:FOLD) jumped 9% as the biotech company provided an optimistic preliminary revenue outlook for 2024, along with expectations to achieve positive GAAP net income in the second half of the year.

The significant movement in Amicus shares reflects investor confidence following the company’s announcement that it anticipates a strong financial performance in the upcoming year.

The premarket trading surge comes after the company’s statement that, based on its current operating plans, it is on track to report positive GAAP net income during the latter half of 2024.

BofA analysts commented on the news: “We remain encouraged by the continued growth of Galafold as the main revenue driver but see significant opportunity for growth from P&O as we await future regulatory updates.”

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com

Previous Post

AirSculpt Technologies’ shares fall following lower 2024 preliminary results

Next Post

HCLTech misses Q3 revenue targets, narrows growth forecast amid tech spending slowdown

admin

admin

Next Post
HCLTech misses Q3 revenue targets, narrows growth forecast amid tech spending slowdown

HCLTech misses Q3 revenue targets, narrows growth forecast amid tech spending slowdown

Trending News

Why the new iPhone SE could disrupt Apple stock performance

Why the new iPhone SE could disrupt Apple stock performance

October 26, 2024
Gulf markets rise as Iran plays down Israel’s strikes

Gulf markets rise as Iran plays down Israel’s strikes

October 27, 2024
Long ES: Eversource Energy Uptrend Strengthens After Offshore Wind Exit, Targeting Price Extension from $65 Support

Long ES: Eversource Energy Uptrend Strengthens After Offshore Wind Exit, Targeting Price Extension from $65 Support

October 2, 2024
Subscribe to Insightful Word


    Recent News

    S&P 500 nears record high despite headwinds: key drivers behind the surprise rally

    S&P 500 nears record high despite headwinds: key drivers behind the surprise rally

    June 26, 2025
    Top Nasdaq 100 Index stocks of 2025 as it breaks new all-time high

    Top Nasdaq 100 Index stocks of 2025 as it breaks new all-time high

    June 26, 2025
    S&P 500 nears record high as Wall Street opens higher amid tech momentum

    S&P 500 nears record high as Wall Street opens higher amid tech momentum

    June 26, 2025
    Galaxy Digital launches $175 million fund to back DeFi and stablecoin startups

    Galaxy Digital launches $175 million fund to back DeFi and stablecoin startups

    June 26, 2025

    Recent News

    S&P 500 nears record high despite headwinds: key drivers behind the surprise rally

    S&P 500 nears record high despite headwinds: key drivers behind the surprise rally

    June 26, 2025
    Top Nasdaq 100 Index stocks of 2025 as it breaks new all-time high

    Top Nasdaq 100 Index stocks of 2025 as it breaks new all-time high

    June 26, 2025

    Latest News

    • S&P 500 nears record high despite headwinds: key drivers behind the surprise rally
    • Top Nasdaq 100 Index stocks of 2025 as it breaks new all-time high
    • S&P 500 nears record high as Wall Street opens higher amid tech momentum

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.