Kiniksa Pharmaceuticals International Third Quarter 2024 Earnings: EPS Misses Expectations

Kiniksa Pharmaceuticals International (NASDAQ:KNSA) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$112.2m (up 67% from 3Q 2023).
• Net loss: US$12.7m (loss narrowed by 8.4% from 3Q 2023).
• US$0.18 loss per share (improved from US$0.20 loss in 3Q 2023).

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

Kiniksa Pharmaceuticals International EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are down 13% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Kiniksa Pharmaceuticals International's balance sheet.

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