Marker Therapeutics Third Quarter 2024 Earnings: Beats Expectations

Marker Therapeutics (NASDAQ:MRKR) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$1.93m (up by US$1.67m from 3Q 2023).
• Net loss: US$2.31m (loss narrowed by 23% from 3Q 2023).
• US$0.26 loss per share (improved from US$0.34 loss in 3Q 2023).

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

Marker Therapeutics Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 93%. Earnings per share (EPS) also surpassed analyst estimates by 33%.

Looking ahead, revenue is forecast to grow 71% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are down 26% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 5 warning signs for Marker Therapeutics (3 are potentially serious!) that you should be aware of.

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