Medivir First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Medivir (STO:MVIR) First Quarter 2024 Results

Key Financial Results

• Net loss: kr26.1m (loss widened by 38% from 1Q 2023).
• kr0.23 loss per share.

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

Medivir EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 68%. Earnings per share (EPS) exceeded analyst estimates by 4.2%.

Looking ahead, revenue is forecast to grow 49% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Biotechs industry in Sweden.

Performance of the Swedish Biotechs industry.

The company's shares are up 3.9% from a week ago.

Risk Analysis

Before you take the next step you should know about the 4 warning signs for Medivir (2 are a bit unpleasant!) that we have uncovered.

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