ProQR Therapeutics Full Year 2023 Earnings: Misses Expectations
ProQR Therapeutics (NASDAQ:PRQR) Full Year 2023 Results
Key Financial Results
Revenue: €9.53m (up 98% from FY 2022).
Net loss: €28.1m (loss narrowed by 57% from FY 2022).
€0.35 loss per share (improved from €0.91 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ProQR Therapeutics Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 47%. Earnings per share (EPS) also missed analyst estimates by 43%.
Looking ahead, revenue is forecast to grow 20% 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 shares are up 23% from a week ago.
Risk Analysis
You should learn about the 4 warning signs we've spotted with ProQR Therapeutics (including 1 which shouldn't be ignored).
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