Yahoo Finance Stoke Therapeutics First Quarter 2024 Earnings: Beats Expectations
Stoke Therapeutics (NASDAQ:STOK) First Quarter 2024 Results
Key Financial Results
Net loss: US$26.4m (loss widened by 17% from 1Q 2023).
US$0.57 loss per share (further deteriorated from US$0.53 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Stoke Therapeutics Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 31%. Earnings per share (EPS) also surpassed analyst estimates by 6.5%.
Looking ahead, revenue is forecast to grow 55% 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 share price is broadly unchanged from a week ago.
Risk Analysis
You should learn about the 3 warning signs we've spotted with Stoke Therapeutics (including 1 which is potentially serious).
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