Aquestive Therapeutics Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
Aquestive Therapeutics (NASDAQ:AQST) Full Year 2023 Results
Key Financial Results
Revenue: US$50.6m (up 6.1% from FY 2022).
Net loss: US$7.87m (loss narrowed by 86% from FY 2022).
US$0.13 loss per share (improved from US$1.12 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Aquestive Therapeutics Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates by 63%.
Looking ahead, revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Pharmaceuticals industry in the US.
Performance of the American Pharmaceuticals industry.
The company's shares are up 38% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Aquestive Therapeutics (of which 1 is significant!) you should know about.
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