Theravance Biopharma Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Theravance Biopharma (NASDAQ:TBPH) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$16.9m (up 7.5% from 3Q 2023).
• Net loss: US$12.7m (loss widened by 42% from 3Q 2023).
• US$0.26 loss per share (further deteriorated from US$0.17 loss in 3Q 2023).

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

Theravance Biopharma Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 9.4%. Earnings per share (EPS) missed analyst estimates by 13%.

Looking ahead, revenue is forecast to grow 20% 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 up 11% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Theravance Biopharma's balance sheet health.

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