Aravive Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags

Aravive (NASDAQ:ARAV) Full Year 2022 Results

Key Financial Results

• Revenue: US$9.14m (up 23% from FY 2021).
• Net loss: US$76.3m (loss widened by 95% from FY 2021).
• US$2.10 loss per share (further deteriorated from US$1.95 loss in FY 2021).

ARAV Products In Clinical Trials

• Phase I: 1.
• Phase II: 3.
• Phase III: 1.

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

Aravive Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 9.8%. Earnings per share (EPS) missed analyst estimates by 16%.

Looking ahead, revenue is forecast to grow 60% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are up 14% from a week ago.

Risk Analysis

You should learn about the 4 warning signs we've spotted with Aravive (including 2 which are a bit concerning).

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