Yahoo Finance Longeveron Full Year 2023 Earnings: EPS Misses Expectations
Longeveron (NASDAQ:LGVN) Full Year 2023 Results
Key Financial Results
Net loss: US$22.2m (loss widened by 18% from FY 2022).
US$1.02 loss per share (further deteriorated from US$0.90 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Longeveron EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.4%.
Looking ahead, revenue is forecast to grow 73% 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 up 4.2% from a week ago.
Risk Analysis
Before you take the next step you should know about the 6 warning signs for Longeveron (2 are a bit unpleasant!) that we have uncovered.
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