Stock Analysis
HLS Therapeutics Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS In Line
HLS Therapeutics (TSE:HLS) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$14.5m (down 12% from 2Q 2023).
- Net loss: US$5.68m (loss narrowed by 40% from 2Q 2023).
- US$0.18 loss per share (improved from US$0.29 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
HLS Therapeutics Earnings Insights
Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Pharmaceuticals industry in Canada.
Performance of the Canadian Pharmaceuticals industry.
The company's shares are up 2.5% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for HLS Therapeutics that you should be aware of.
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About TSX:HLS
HLS Therapeutics
A specialty pharmaceutical company, acquires and commercializes pharmaceutical products in the specialty central nervous system and cardiovascular markets in Canada, the United States, and internationally.