Veru (NASDAQ:VERU) Full Year 2022 Results
Key Financial Results
Revenue: US$39.4m (down 36% from FY 2021).
Net loss: US$83.8m (down from US$7.39m profit in FY 2021).
US$1.05 loss per share (down from US$0.097 profit in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Veru Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 25%.
Looking ahead, revenue is forecast to grow 44% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Personal Products industry in the US.
The company's shares are up 2.5% from a week ago.
We should say that we've discovered 2 warning signs for Veru that you should be aware of before investing here.
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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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