{
Nanosonics Ltd

Companies

}
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001122334455554433221100

Nanosonics gains FDA approval boosting share price and financial outlook

Nanosonics has seen a 14% increase in its share price following FDA approval, which has enhanced its credibility in the medtech sector. The company has upgraded its FY 2025 guidance due to strong sales growth and a favorable exchange rate, though investors should remain cautious about potential earnings instability. Monitoring the success of the CORIS system will be crucial for improving financial metrics.
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05:46 20.03.2025
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