Yahoo Finance Aadi Bioscience First Quarter 2024 Earnings: US$0.68 loss per share (vs US$0.57 loss in 1Q 2023)
Aadi Bioscience (NASDAQ:AADI) First Quarter 2024 Results
Key Financial Results
Revenue: US$5.35m (down 8.8% from 1Q 2023).
Net loss: US$18.3m (loss widened by 20% from 1Q 2023).
US$0.68 loss per share (further deteriorated from US$0.57 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Aadi Bioscience Earnings Insights
Looking ahead, revenue is forecast to grow 52% 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 8.9% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Aadi Bioscience you should be aware of.
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