Stock Analysis

Senti Biosciences Third Quarter 2023 Earnings: EPS Beats Expectations, Revenues Lag

NasdaqCM:SNTI
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Senti Biosciences (NASDAQ:SNTI) Third Quarter 2023 Results

Key Financial Results

  • Net loss: US$36.6m (loss widened by 120% from 3Q 2022).
  • US$0.82 loss per share (further deteriorated from US$0.38 loss in 3Q 2022).
earnings-and-revenue-growth
NasdaqGM:SNTI Earnings and Revenue Growth November 16th 2023

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

Senti Biosciences EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 52%. Earnings per share (EPS) exceeded analyst estimates by 23%.

Looking ahead, revenue is forecast to grow 86% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are down 31% from a week ago.

Risk Analysis

We should say that we've discovered 5 warning signs for Senti Biosciences (1 can't be ignored!) that you should be aware of before investing here.

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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:SNTI

Senti Biosciences

Operates as a preclinical biotechnology company that develops next-generation cell and gene therapies engineered with its gene circuit platform technologies for various diseases.

Excellent balance sheet moderate.

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