eFFECTOR Therapeutics First Half 2023 Earnings: US$0.41 loss per share (vs US$0.093 loss in 1H 2022)

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eFFECTOR Therapeutics (NASDAQ:EFTR) First Half 2023 Results

Key Financial Results

  • Net loss: US$18.4m (loss widened by 378% from 1H 2022).

  • US$0.41 loss per share (further deteriorated from US$0.093 loss in 1H 2022).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

eFFECTOR Therapeutics Earnings Insights

Looking ahead, revenue is forecast to grow 64% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are down 11% from a week ago.

Risk Analysis

Before you take the next step you should know about the 7 warning signs for eFFECTOR Therapeutics (3 are a bit unpleasant!) that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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