Heidelberg Pharma Third Quarter 2024 Earnings: €0.13 loss per share (vs €0.002 profit in 3Q 2023)

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Heidelberg Pharma (ETR:HPHA) Third Quarter 2024 Results

Key Financial Results

  • Revenue: €3.56m (up 59% from 3Q 2023).

  • Net loss: €5.59m (down from €113.1k profit in 3Q 2023).

  • €0.13 loss per share (down from €0.002 profit in 3Q 2023).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

Heidelberg Pharma Earnings Insights

Looking ahead, revenue is forecast to grow 42% 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 Germany.

The company's shares are up 7.0% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with Heidelberg Pharma (at least 2 which don't sit too well with us), and understanding these should be part of your investment process.

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