Yahoo Finance Aytu BioPharma First Quarter 2023 Earnings: Beats Expectations
Aytu BioPharma (NASDAQ:AYTU) First Quarter 2023 Results
Key Financial Results
Revenue: US$27.7m (up 26% from 1Q 2022).
Net loss: US$2.88m (loss narrowed by 90% from 1Q 2022).
US$0.057 loss per share (improved from US$1.09 loss in 1Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Aytu BioPharma Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 67%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Pharmaceuticals industry in the US.
Performance of the American Pharmaceuticals industry.
The company's shares are up 26% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Aytu BioPharma (2 are concerning) you should be aware of.
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.
Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here
