Imunon Third Quarter 2023 Earnings: US$0.37 loss per share (vs US$0.87 loss in 3Q 2022)

Imunon (NASDAQ:IMNN) Third Quarter 2023 Results

Key Financial Results

• Net loss: US$3.48m (loss narrowed by 43% from 3Q 2022).
• US$0.37 loss per share (improved from US$0.87 loss in 3Q 2022).

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

Imunon Earnings Insights

Looking ahead, revenue is forecast to grow 85% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are down 1.4% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 6 warning signs for Imunon you should be aware of, and 4 of them shouldn't be ignored.

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