Repare Therapeutics Full Year 2023 Earnings: Misses Expectations
Repare Therapeutics (NASDAQ:RPTX) Full Year 2023 Results
Key Financial Results
Revenue: US$51.1m (down 61% from FY 2022).
Net loss: US$93.8m (loss widened by 223% from FY 2022).
US$2.23 loss per share (further deteriorated from US$0.69 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Repare Therapeutics Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 27% 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 11% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Repare Therapeutics (of which 1 can't be ignored!) you should know about.
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