Intellia Therapeutics Full Year 2024 Earnings: Beats Expectations

Intellia Therapeutics (NASDAQ:NTLA) Full Year 2024 Results

Key Financial Results

• Revenue: US$57.9m (up 60% from FY 2023).
• Net loss: US$519.0m (loss widened by 7.9% from FY 2023).
• US$5.25 loss per share.

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

Intellia Therapeutics Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 2.2%.

Looking ahead, revenue is forecast to grow 59% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are down 11% from a week ago.

Risk Analysis

Be aware that Intellia Therapeutics is showing 3 warning signs in our investment analysis that you should know about...

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