Inhibikase Therapeutics First Quarter 2024 Earnings: US$0.73 loss per share (vs US$0.98 loss in 1Q 2023)

Inhibikase Therapeutics (NASDAQ:IKT) First Quarter 2024 Results

Key Financial Results

• Net loss: US$4.65m (loss widened by 3.8% from 1Q 2023).
• US$0.73 loss per share.

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

Inhibikase Therapeutics Earnings Insights

Looking ahead, revenue is forecast to grow 77% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are up 37% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 5 warning signs for Inhibikase Therapeutics (2 are a bit concerning) you should be aware of.

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