Immatics Full Year 2024 Earnings: Beats Expectations

Immatics (NASDAQ:IMTX) Full Year 2024 Results

Key Financial Results

• Revenue: €155.8m (up 189% from FY 2023).
• Net income: €15.2m (up from €97.0m loss in FY 2023).
• Profit margin: 9.8% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue.
• EPS: €0.14 (up from €1.20 loss in FY 2023).

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

Immatics Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 39%. Earnings per share (EPS) also surpassed analyst estimates.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 20% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are down 11% from a week ago.

Risk Analysis

Be aware that Immatics is showing 2 warning signs in our investment analysis and 1 of those is a bit concerning...

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