Scilex Holding (NASDAQ:SCLX) Full Year 2024 Results
Key Financial Results
- Revenue: US$56.6m (up 21% from FY 2023).
- Net loss: US$72.8m (loss narrowed by 56% from FY 2023).
- US$0.56 loss per share (improved from US$1.28 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Scilex Holding EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%.
Looking ahead, revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Pharmaceuticals industry in the US.
Performance of the American Pharmaceuticals industry.
The company's shares are down 4.7% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Scilex Holding (2 are a bit unpleasant) you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqCM:SCLX
Scilex Holding
Focuses on acquiring, developing, and commercializing non-opioid pain management products for the treatment of acute and chronic pain.
Undervalued with high growth potential.
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