Creative Medical Technology Holdings Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

Creative Medical Technology Holdings (NASDAQ:CELZ) Full Year 2023 Results

Key Financial Results

• Net loss: US$5.29m (loss narrowed by 48% from FY 2022).
• US$3.76 loss per share (improved from US$9.28 loss in FY 2022).

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

Creative Medical Technology Holdings Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 50%. Earnings per share (EPS) missed analyst estimates by 2.2%.

Looking ahead, revenue is forecast to grow 61% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are down 3.2% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Creative Medical Technology Holdings (including 2 which are a bit concerning).

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