Galapagos (AMS:GLPG) Third Quarter 2024 Results

Key Financial Results

• Revenue: €59.8m (down 50% from 3Q 2023).

• Net loss: €48.6m (down by 288% from €25.8m profit in 3Q 2023).

• €0.74 loss per share (down from €0.39 profit in 3Q 2023).

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

Galapagos Earnings Insights

Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in Europe.

Performance of the market in the Netherlands.

The company's shares are down 9.2% from a week ago.

Risk Analysis

Be aware that Galapagos is showing 2 warning signs in our investment analysis and 1 of those makes us a bit uncomfortable...

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