60 Degrees Pharmaceuticals Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

60 Degrees Pharmaceuticals (NASDAQ:SXTP) Full Year 2024 Results

Key Financial Results

• Revenue: US$681.3k (up 169% from FY 2023).
• Net loss: US$7.95m (loss widened by 111% from FY 2023).
• US$17.48 loss per share.

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

60 Degrees Pharmaceuticals EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 24%.

Looking ahead, revenue is forecast to grow 52% 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 up 4.0% from a week ago.

Risk Analysis

It is worth noting though that we have found 5 warning signs for 60 Degrees Pharmaceuticals (4 can't be ignored!) that you need to take into consideration.

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