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Stock impact report

Organogenesis Holdings Inc (ORGO) Faces Revenue Decline in Q4 and FY 2023, Aims for Growth in 2024 [Yahoo! Finance]

Organogenesis Holdings Inc. - Class A (ORGO) 
Last organogenesis holdings inc. - class a earnings: 3/9 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Adjusted EBITDA : Fell to $42.6 million for FY 2023, reflecting a decrease of $6.7 million year-over-year. Advanced Wound Care Products : Remained the largest revenue contributor despite a 4% decline. 2024 Guidance : Anticipates net revenue growth of 3% to 9% year-over-year, with a focus on product launches and commercial support programs. Warning! GuruFocus has detected 5 Warning Sign with ORGO. On February 29, 2024, Organogenesis Holdings Inc ( NASDAQ:ORGO ), a leader in regenerative medicine, announced its financial results for the fourth quarter and fiscal year 2023. The company, which specializes in advanced wound care and surgical & sports medicine products, experienced a downturn in both quarterly and annual revenue. Organogenesis Holdings Inc released its 8-K filing detailing the financial performance and providing guidance for the fiscal year 2024. Financial Performance Overview For the fourth quarter of 2023, Organogenesis reported a net revenue of $99.7 million Show less Read more
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