Outset Medical up on raising 2022 sales forecast

Outset Medical

09/11/2022 15:54

** Shares of Outset Medical Inc  OM.O  rise 36.8% to $15.69
- record one-day pct gain 
    ** Medical service provider raises 2022 forecast to range of
$111 million to $113 million from previous forecast of $105
million to $110 million  urn:newsml:reuters.com:*:nBw3vtpYfa
    ** Co post 10.8% increase in Q3 sales to $27.8 mln, beating
analysts' estimates of $25.2 mln - Refinitiv IBES data
    ** Including session's gain, stock had fallen ~66% YTD 
 (Reporting by Khushi Mandowara)
 ((Khushi.Mandowara@thomsonreuters.com;))