Stock Analysis

Celon Pharma First Quarter 2024 Earnings: zł0.31 loss per share (vs zł0.30 loss in 1Q 2023)

WSE:CLN
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Celon Pharma (WSE:CLN) First Quarter 2024 Results

Key Financial Results

  • Revenue: zł40.3m (down 7.5% from 1Q 2023).
  • Net loss: zł15.7m (loss widened by 1.2% from 1Q 2023).
  • zł0.31 loss per share (further deteriorated from zł0.30 loss in 1Q 2023).
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WSE:CLN Earnings and Revenue Growth May 24th 2024

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

Celon Pharma Earnings Insights

Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Pharmaceuticals industry in Europe.

Performance of the market in Poland.

The company's shares are down 6.3% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Celon Pharma's balance sheet health.

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