Heidelberg Pharma Third Quarter 2024 Earnings: €0.13 loss per share (vs €0.002 profit in 3Q 2023)

Heidelberg Pharma (ETR:HPHA) Third Quarter 2024 Results

Key Financial Results

• Revenue: €3.56m (up 59% from 3Q 2023).
• Net loss: €5.59m (down from €113.1k profit in 3Q 2023).
• €0.13 loss per share (down from €0.002 profit in 3Q 2023).

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

Heidelberg Pharma Earnings Insights

Looking ahead, revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in Europe.

Performance of the market in Germany.

The company's shares are up 7.0% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 4 warning signs for Heidelberg Pharma (2 are a bit concerning!) that you need to be mindful of.

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