Heidelberg Pharma First Quarter 2024 Earnings: €0.10 loss per share (vs €0.14 loss in 1Q 2023)
Heidelberg Pharma (ETR:HPHA) First Quarter 2024 Results
Key Financial Results
Revenue: €1.86m (down 10% from 1Q 2023).
Net loss: €4.49m (loss narrowed by 32% from 1Q 2023).
€0.10 loss per share (improved from €0.14 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Heidelberg Pharma Earnings Insights
Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Biotechs industry in Europe.
Performance of the market in Germany.
The company's shares are up 2.4% from a week ago.
Risk Analysis
Be aware that Heidelberg Pharma is showing 1 warning sign in our investment analysis that you should know about...
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