InvestorsHub Logo

DewDiligence

09/19/23 1:26 PM

#4494 RE: 10nisman #4491

Re: New guidance

The cash-flow guidance that says, “funded until breakeven” is unchanged, but RVNC hadn’t previously given a timeline for reaching breakeven status. Now we know RVNC does not expect to be profitable on a GAAP basis in 2025, which is the main reason for today’s selloff, IMO.