Yahoo Finance Theratechnologies Full Year 2023 Earnings: Misses Expectations
Theratechnologies (TSE:TH) Full Year 2023 Results
Key Financial Results
Revenue: US$81.8m (up 2.1% from FY 2022).
Net loss: US$24.0m (loss narrowed by 49% from FY 2022).
US$0.91 loss per share (improved from US$1.98 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Theratechnologies Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 2.1%.
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 60% growth forecast for the Biotechs industry in Canada.
Performance of the Canadian Biotechs industry.
The company's shares are down 1.8% from a week ago.
Risk Analysis
Before you take the next step you should know about the 5 warning signs for Theratechnologies (2 are a bit concerning!) that we have uncovered.
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