Syros Pharmaceuticals First Half 2024 Earnings: US$0.69 loss per share (vs US$2.15 loss in 1H 2023)

Syros Pharmaceuticals (NASDAQ:SYRS) First Half 2024 Results

Key Financial Results

• Net loss: US$27.0m (loss narrowed by 55% from 1H 2023).
• US$0.69 loss per share (improved from US$2.15 loss in 1H 2023).

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

Syros Pharmaceuticals Earnings Insights

Looking ahead, revenue is forecast to grow 65% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Syros Pharmaceuticals has 4 warning signs (and 2 which shouldn't be ignored) we think you should know about.

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