Medivir Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Medivir (STO:MVIR) Second Quarter 2024 Results

Key Financial Results

• Net loss: kr36.0m (loss widened by 35% from 2Q 2023).
• kr0.32 loss per share.

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

Medivir Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 27%. Earnings per share (EPS) missed analyst estimates by 83%.

Looking ahead, revenue is forecast to grow 71% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Biotechs industry in Sweden.

Performance of the Swedish Biotechs industry.

The company's shares are up 5.9% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 5 warning signs for Medivir you should be aware of, and 3 of them don't sit too well with us.

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