Crinetics Pharmaceuticals Third Quarter 2024 Earnings: US$0.96 loss per share (vs US$1.01 loss in 3Q 2023)

Crinetics Pharmaceuticals (NASDAQ:CRNX) Third Quarter 2024 Results

Key Financial Results

• Net loss: US$76.8m (loss widened by 34% from 3Q 2023).
• US$0.96 loss per share.

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

Crinetics Pharmaceuticals Earnings Insights

Looking ahead, revenue is forecast to grow 68% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Crinetics Pharmaceuticals you should know about.

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