Molekule Group Second Quarter 2023 Earnings: Revenues Beat Expectations, EPS Lags

Molekule Group (NASDAQ:MKUL) Second Quarter 2023 Results

Key Financial Results

• Revenue: US$13.2m (up by US$13.2m from 2Q 2022).
• Net loss: US$25.0m (loss widened by 383% from 2Q 2022).
• US$0.76 loss per share (further deteriorated from US$0.37 loss in 2Q 2022).

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

Molekule Group Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates significantly.

The company's shares are down 33% from a week ago.

Risk Analysis

We should say that we've discovered 5 warning signs for Molekule Group (4 are potentially serious!) that you should be aware of before investing here.

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