VYNE Therapeutics Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

VYNE Therapeutics (NASDAQ:VYNE) Second Quarter 2024 Results

Key Financial Results

• Net loss: US$9.40m (loss narrowed by 6.4% from 2Q 2023).
• US$0.22 loss per share (improved from US$3.07 loss in 2Q 2023).

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

VYNE Therapeutics Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 80%. Earnings per share (EPS) missed analyst estimates by 16%.

Looking ahead, revenue is forecast to grow 89% 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 5.1% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 6 warning signs for VYNE Therapeutics you should be aware of, and 3 of them make us uncomfortable.

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