on Mynaric AG (isin : DE000A0JCY11)
Mynaric Publishes Revenue Guidance for Fiscal Year 2024
Munich, June 20, 2024 – Mynaric AG (NASDAQ: MYNA; FRA: M0YN) released its outlook for fiscal year 2024. The guidance includes expected revenue and operating loss figures.
The company projects revenues between €50 million and €70 million, with an operating loss between -€40 million and -€30 million. These figures are influenced by the production and shipment of CONDOR Mk3 units to various customers.
Additionally, Mynaric anticipates cash inflows from customer contracts ranging from €65 million to €100 million. This includes payments from existing and newly signed agreements.
The backlog for optical communications terminals is expected to be between 800 and 1,000 units, driven by new orders in both government and commercial sectors.
Overall, this guidance aligns with recent analyst estimates, indicating a steady growth trajectory for the company in 2024.
R. P.
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