Molecular Partners Full Year 2023 Earnings: Beats Expectations

Molecular Partners (VTX:MOLN) Full Year 2023 Results

Key Financial Results

• Net loss: CHF62.0m (down by 153% from CHF117.9m profit in FY 2022).
• CHF1.89 loss per share (down from CHF3.63 profit in FY 2022).

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

Molecular Partners Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 56%. Earnings per share (EPS) also surpassed analyst estimates by 5.2%.

Looking ahead, revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Biotechs industry in Europe.

Performance of the market in Switzerland.

The company's shares are down 5.4% from a week ago.

Risk Analysis

Be aware that Molecular Partners is showing 2 warning signs in our investment analysis that you should know about...

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