SenesTech (NASDAQ:SNES) First Quarter 2024 Results

Key Financial Results

• Revenue: US$415.0k (up 78% from 1Q 2023).

• Net loss: US$1.83m (loss narrowed by 10% from 1Q 2023).

• US$0.36 loss per share (improved from US$15.89 loss in 1Q 2023).

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

SenesTech Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 5.9%.

Looking ahead, revenue is forecast to grow 44% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Pharmaceuticals industry in the US.

Performance of the American Pharmaceuticals industry.

The company's shares are down 19% from a week ago.

Risk Analysis

You should learn about the 6 warning signs we've spotted with SenesTech (including 3 which are concerning).

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