Stock Analysis

Vistagen Therapeutics Full Year 2024 Earnings: EPS Beats Expectations

NasdaqCM:VTGN
Source: Shutterstock

Vistagen Therapeutics (NASDAQ:VTGN) Full Year 2024 Results

Key Financial Results

  • Net loss: US$29.4m (loss narrowed by 50% from FY 2023).
  • US$1.52 loss per share (improved from US$8.51 loss in FY 2023).
earnings-and-revenue-history
NasdaqCM:VTGN Earnings and Revenue History June 16th 2024

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

Vistagen Therapeutics EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.9%.

Looking ahead, revenue is forecast to grow 56% 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 shares are down 7.1% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with Vistagen Therapeutics (at least 1 which is concerning), and understanding these should be part of your investment process.

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.