Century Therapeutics (NASDAQ:IPSC) Third Quarter 2024 Results

Key Financial Results

• Net loss: US$31.2m (loss narrowed by 4.6% from 3Q 2023).

• US$0.37 loss per share (improved from US$0.55 loss in 3Q 2023).

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

Century Therapeutics Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 44%. Earnings per share (EPS) also surpassed analyst estimates by 18%.

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are up 3.9% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Century Therapeutics has 5 warning signs (and 1 which is potentially serious) we think you should know about.

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