Femasys (NASDAQ:FEMY) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$554.9k (up 127% from 3Q 2023).

• Net loss: US$5.41m (loss widened by 35% from 3Q 2023).

• US$0.24 loss per share.

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

Femasys Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 20%.

Looking ahead, revenue is forecast to grow 63% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Medical Equipment industry in the US.

Performance of the American Medical Equipment industry.

The company's shares are down 13% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 5 warning signs for Femasys you should be aware of, and 1 of them is significant.

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