OptiNose Third Quarter 2024 Earnings: EPS: US$0.002 (vs US$0.083 loss in 3Q 2023)

OptiNose (NASDAQ:OPTN) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$20.4m (up 3.1% from 3Q 2023).
• Net income: US$393.0k (up from US$9.29m loss in 3Q 2023).
• Profit margin: 1.9% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses.
• EPS: US$0.002 (up from US$0.083 loss in 3Q 2023).

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

OptiNose Earnings Insights

Looking ahead, revenue is forecast to grow 29% 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 29% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with OptiNose (at least 1 which doesn't sit too well with us), and understanding them should be part of your investment process.

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