Mynaric slashed its 2024 revenue guidance by nearly 70% at the midpoint, citing production delays in its laser communications product.tanked in trading Tuesday after the company announced heavy cuts to its previous revenue forecast and the departure of the company's chief financial officer.
"The guidance decrease is due to production delays of CONDOR Mk3 caused by lower than expected production yields and component supplier shortages of key components," Mynaric said in a
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