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Aroa Biosurgery's share price lifts on revenue surge

The Kiwi company updated full-year revenue guidance off strong US sales.

Aroa founder and CEO Brian Ward.

Soft tissue regeneration company Aroa Biosurgery has seen its share price lift, after updating revenue guidance for its 2023 financial year to $62 million to $64m.

The guidance includes $2m of project and licence fees, and follows strong US sales and favourable exchange rate tailwinds.

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Fiona Rotherham Wed, 26 Oct 2022
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Aroa Biosurgery's share price lifts on revenue surge
Investment,
96311
true