BioHarvest Sciences Second Quarter 2024 Earnings: US$0.042 loss per share (vs US$0.21 loss in 2Q 2023)

BioHarvest Sciences (CSE:BHSC) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$6.03m (up 119% from 2Q 2023).
• Net loss: US$687.0k (loss narrowed by 76% from 2Q 2023).
• US$0.042 loss per share (improved from US$0.21 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

BioHarvest Sciences Earnings Insights

Looking ahead, revenue is forecast to grow 64% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Personal Products industry in North America.

Performance of the market in Canada.

The company's shares are down 1.5% from a week ago.

Risk Analysis

You still need to take note of risks, for example - BioHarvest Sciences has 4 warning signs (and 2 which are potentially serious) we think you should know about.

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