BioXcel Therapeutics Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

BioXcel Therapeutics (NASDAQ:BTAI) Full Year 2024 Results

Key Financial Results

• Net loss: US$59.6m (loss narrowed by 67% from FY 2023).
• US$23.51 loss per share (improved from US$98.35 loss in FY 2023).

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

BioXcel Therapeutics EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 20%. Earnings per share (EPS) exceeded analyst estimates by 18%.

Looking ahead, revenue is forecast to grow 52% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are down 9.0% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 6 warning signs for BioXcel Therapeutics (4 make us uncomfortable!) that you should be aware of.

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