Agenus Full Year 2022 Earnings: Revenues Beat Expectations, EPS In Line

Agenus (NASDAQ:AGEN) Full Year 2022 Results

Key Financial Results

• Revenue: US$98.0m (down 67% from FY 2021).
• Net loss: US$230.7m (loss widened by US$206.5m from FY 2021).
• US$0.78 loss per share (further deteriorated from US$0.10 loss in FY 2021).

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

Agenus Revenues Beat Expectations

Revenue exceeded analyst estimates by 19%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are up 15% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 5 warning signs for Agenus you should be aware of, and 2 of them don't sit too well with us.

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