BioCryst Pharmaceuticals Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

BioCryst Pharmaceuticals (NASDAQ:BCRX) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$117.1m (up 35% from 3Q 2023).
• Net loss: US$14.0m (loss narrowed by 61% from 3Q 2023).
• US$0.068 loss per share (improved from US$0.19 loss in 3Q 2023).

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

BioCryst Pharmaceuticals Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) missed analyst estimates by 12%.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are down 9.8% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for BioCryst Pharmaceuticals (1 doesn't sit too well with us) you should be aware of.

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