{"id":195772,"date":"2023-11-10T17:39:16","date_gmt":"2023-11-10T17:39:16","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=195772"},"modified":"2023-11-10T17:39:16","modified_gmt":"2023-11-10T17:39:16","slug":"avita-medical-shares-up-13-as-revenue-surges-in-q3","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/bitcoin\/avita-medical-shares-up-13-as-revenue-surges-in-q3\/","title":{"rendered":"AVITA Medical Shares Up 13% As Revenue Surges In Q3"},"content":{"rendered":"
Shares of AVITA Medical, Inc. (RCEL) are rising nearly 13% Friday morning after the company reported more than 50% growth in revenue in the third quarter.<\/p>\n
Revenue for the quarter increased 51% year on year to $13.6 million. Analysts on average, polled by Thomson-Reuters were expecting revenue of $13.37 million.<\/p>\n
RCEL, currently at $11.25, has traded in the range of $6.11 – $21.70 in the last 1 year. <\/p>\n