Stock Analysis
- United States
- /
- Medical Equipment
- /
- NasdaqGM:GUTS
Fractyl Health Second Quarter 2024 Earnings: US$0.36 loss per share (vs US$14.56 loss in 2Q 2023)
Fractyl Health (NASDAQ:GUTS) Second Quarter 2024 Results
Key Financial Results
- Net loss: US$17.2m (loss narrowed by 43% from 2Q 2023).
- US$0.36 loss per share (improved from US$14.56 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Fractyl Health Earnings Insights
Looking ahead, revenue is forecast to grow 70% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Medical Equipment industry in the US.
Performance of the American Medical Equipment industry.
The company's shares are up 29% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 4 warning signs for Fractyl Health you should be aware of, and 2 of them shouldn't be ignored.
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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 NasdaqGM:GUTS
Fractyl Health
A metabolic therapeutics company, develops therapies for the treatment of type 2 diabetes (T2D) and obesity.