Nanosonics Sees Robust Growth in H2 FY24

Nanosonics Limited (AU:NAN) has released an update.

Nanosonics Limited reports significant growth in H2 FY24, with a projected total revenue of $170 million, marking a 14% increase from H1. The growth is attributed to expanded customer offerings, organizational changes, and improved sales conversion timelines, especially in North America where total units placed jumped by 28%. Despite market challenges, the company anticipates strong year-end financial results with gross margin at the upper end of previous forecasts.

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