Yahoo Finance Revolution Medicines First Half 2024 Earnings: US$1.51 loss per share (vs US$1.64 loss in 1H 2023)
Revolution Medicines (NASDAQ:RVMD) First Half 2024 Results
Key Financial Results
Net loss: US$249.2m (loss widened by 50% from 1H 2023).
US$1.51 loss per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Revolution Medicines Earnings Insights
Looking ahead, revenue is forecast to grow 75% 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 7.3% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 3 warning signs for Revolution Medicines (2 shouldn't be ignored!) that you should be aware of.
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