Marinus Pharmaceuticals Third Quarter 2024 Earnings: Revenues Disappoint

Marinus Pharmaceuticals (NASDAQ:MRNS) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$8.54m (up 16% from 3Q 2023).
• Net loss: US$24.2m (loss narrowed by 27% from 3Q 2023).
• US$0.42 loss per share (improved from US$0.61 loss in 3Q 2023).

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

Marinus Pharmaceuticals Revenues Disappoint

Revenue missed analyst estimates by 9.4%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Pharmaceuticals industry in the US.

Performance of the American Pharmaceuticals industry.

The company's shares are down 14% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 5 warning signs for Marinus Pharmaceuticals (of which 3 are a bit concerning!) you should know about.

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