Mynaric's 2024 Loss Guidance Increased as CFO Resigns

Tuesday, 20 August 2024, 08:54

Mynaric AG (MYNA) is facing challenges as it increases its FY 2024 loss guidance following production delays and component shortages. The company's revenue is now expected to be between €16M to €24M. The resignation of the CFO adds further uncertainty to Mynaric's plans.
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Mynaric's 2024 Loss Guidance Increased as CFO Resigns

Mynaric Updates FY 2024 Guidance

Mynaric AG (MYNA) has recently increased its loss guidance for FY 2024 following significant production delays and ongoing component shortages. The company now anticipates revenues in the range of €16M to €24M, which has raised concerns among investors and analysts alike.

Impact of CFO Departure

In conjunction with this announcement, Mynaric's Chief Financial Officer (CFO) has stepped down, intensifying scrutiny surrounding the company's future performance. The departure may lead to shifts in management strategy as Mynaric navigates a challenging financial landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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