Aquestive Therapeutics (NASDAQ:AQST) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$20.1m (up 52% from 2Q 2023).

• Net loss: US$2.75m (loss narrowed by 53% from 2Q 2023).

• US$0.03 loss per share (improved from US$0.10 loss in 2Q 2023).

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

Aquestive Therapeutics Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 62%. Earnings per share (EPS) also surpassed analyst estimates by 76%.

Looking ahead, revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Pharmaceuticals industry in the US.

Performance of the American Pharmaceuticals industry.

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

Risk Analysis

Be aware that Aquestive Therapeutics is showing 3 warning signs in our investment analysis and 1 of those is significant...

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