Harvard Bioscience Full Year 2024 Earnings: EPS Beats Expectations

Harvard Bioscience (NASDAQ:HBIO) Full Year 2024 Results

Key Financial Results

• Revenue: US$94.1m (down 16% from FY 2023).
• Net loss: US$12.4m (loss widened by 263% from FY 2023).
• US$0.28 loss per share (further deteriorated from US$0.081 loss in FY 2023).

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

Harvard Bioscience EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.2%.

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 5.9% growth forecast for the Life Sciences industry in the US.

Performance of the American Life Sciences industry.

The company's shares are down 15% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Harvard Bioscience has 2 warning signs we think you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.