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Cyclacel Pharmaceuticals Third Quarter 2024 Earnings: EPS Beats Expectations

In This Article:

Cyclacel Pharmaceuticals (NASDAQ:CYCC) Third Quarter 2024 Results

Key Financial Results

  • Net loss: US$1.96m (loss narrowed by 68% from 3Q 2023).

  • US$0.18 loss per share (improved from US$7.22 loss in 3Q 2023).

earnings-and-revenue-history
NasdaqCM:CYCC Earnings and Revenue History November 15th 2024

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

Cyclacel Pharmaceuticals Earnings Insights

Looking ahead, revenue is forecast to grow 83% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are down 7.6% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 5 warning signs for Cyclacel Pharmaceuticals that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.