Stock Analysis

Valneva Second Quarter 2024 Earnings: €0.19 loss per share (vs €0.12 loss in 2Q 2023)

ENXTPA:VLA
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Valneva (EPA:VLA) Second Quarter 2024 Results

Key Financial Results

  • Revenue: €38.1m (down 5.4% from 2Q 2023).
  • Net loss: €24.9m (loss widened by 47% from 2Q 2023).
  • €0.19 loss per share (further deteriorated from €0.12 loss in 2Q 2023).
earnings-and-revenue-growth
ENXTPA:VLA Earnings and Revenue Growth August 15th 2024

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

Valneva Earnings Insights

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 32% growth forecast for the Biotechs industry in France.

Performance of the French Biotechs industry.

The company's shares are up 10% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Valneva has 2 warning signs we think you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.