Cyclacel Pharmaceuticals Third Quarter 2024 Earnings: EPS Beats Expectations

Cyclacel Pharmaceuticals (NASDAQ:CYCC) Third Quarter 2024 Results

Key Financial Results

• Net loss: US$1.96m (loss narrowed by 68% from 3Q 2023).
• US$0.18 loss per share (improved from US$7.22 loss in 3Q 2023).

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

Cyclacel Pharmaceuticals Earnings Insights

Looking ahead, revenue is forecast to grow 83% 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 shares are down 7.6% from a week ago.

Risk Analysis

Be aware that Cyclacel Pharmaceuticals is showing 5 warning signs in our investment analysis that you should know about...

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