Stock Analysis
Sprint Bioscience Second Quarter 2024 Earnings: kr0.083 loss per share (vs kr0.17 loss in 2Q 2023)
Sprint Bioscience (STO:SPRINT) Second Quarter 2024 Results
Key Financial Results
- Revenue: kr17.1m (up by kr17.1m from 2Q 2023).
- Net loss: kr5.79m (loss narrowed by 51% from 2Q 2023).
- kr0.083 loss per share (improved from kr0.17 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sprint Bioscience Earnings Insights
Looking ahead, revenue is forecast to grow 29% 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 down 2.4% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Sprint Bioscience has 1 warning sign 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.
About OM:SPRINT
Sprint Bioscience
A pharmaceutical company, engages in the development of pharmaceutical products in the areas of cancer in Sweden.