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Avita Medical reports Q3 EPS (34c), consensus (44c)

Reports Q3 revenue $13.5M, consensus $13.37M. Expect to reach profitability in 2025..”We have achieved significant commercial revenue growth rates for the last three quarters of 40%, 42% and 51%, respectively, over the same periods in the previous year,” said David O’Toole, Chief Financial Officer of AVITA Medical. “Further, we remain confident that our cash reserves position us to achieve our goals and reach profitability in 2025.”

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