Lyell Immunopharma First Quarter 2024 Earnings: US$0.24 loss per share (vs US$0.27 loss in 1Q 2023)

Lyell Immunopharma (NASDAQ:LYEL) First Quarter 2024 Results

Key Financial Results

• Net loss: US$60.7m (loss narrowed by 9.4% from 1Q 2023).
• US$0.24 loss per share (improved from US$0.27 loss in 1Q 2023).

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

Lyell Immunopharma Earnings Insights

Looking ahead, revenue is forecast to grow 38% 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 13% from a week ago.

Risk Analysis

You should learn about the 5 warning signs we've spotted with Lyell Immunopharma (including 2 which are concerning).

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