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Beyond Air Plunges 28.42% Despite 220% Revenue Surge
Generated by AI AgentAinvest Pre-Market Radar
Thursday, Jun 19, 2025 4:47 am ET1min read
On June 19, 2025, Beyond Air's stock price plummeted by 28.42% in pre-market trading, marking a significant downturn for the company.
Beyond Air Inc reported a substantial 220% increase in revenue for the fiscal year ending March 31, 2025, reaching $3.7 million compared to $1.2 million the previous year. This impressive growth was driven by strategic global initiatives and operational highlights announced in their fourth-quarter earnings call.
The company's financial performance for the quarter ending June 30, 2025, is expected to continue this upward trend, with projected revenue of at least $1.7 million.
also announced FDA submissions for LungFit PH, a significant development in their product pipeline.
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