Inovio Pharmaceuticals Third Quarter 2024 Earnings: US$0.89 loss per share (vs US$1.52 loss in 3Q 2023)

Inovio Pharmaceuticals (NASDAQ:INO) Third Quarter 2024 Results

Key Financial Results

• Net loss: US$25.2m (loss narrowed by 26% from 3Q 2023).
• US$0.89 loss per share (improved from US$1.52 loss in 3Q 2023).

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

Inovio Pharmaceuticals Earnings Insights

Looking ahead, revenue is forecast to grow 80% 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 23% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Inovio Pharmaceuticals (2 are a bit unpleasant) you should be aware of.

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