Pieris Pharmaceuticals Full Year 2022 Earnings: US$0.45 loss per share (vs US$0.71 loss in FY 2021)
Pieris Pharmaceuticals (NASDAQ:PIRS) Full Year 2022 Results
Key Financial Results
Revenue: US$25.9m (down 18% from FY 2021).
Net loss: US$33.3m (loss narrowed by 27% from FY 2021).
US$0.45 loss per share (improved from US$0.71 loss in FY 2021).
PIRS Products In Clinical Trials
Phase I: 3.
Phase II: 1.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Pieris Pharmaceuticals Earnings Insights
Looking ahead, revenue is expected to decline by 41% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 13%.
Performance of the American Biotechs industry.
The company's shares are down 16% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 5 warning signs for Pieris Pharmaceuticals you should be aware of, and 2 of them shouldn't be ignored.
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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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