In This Article:
Fulgent Genetics (NASDAQ:FLGT) Full Year 2024 Results
Key Financial Results
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Revenue: US$283.5m (down 2.0% from FY 2023).
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Net loss: US$42.7m (loss narrowed by 75% from FY 2023).
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US$1.41 loss per share (improved from US$5.64 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Fulgent Genetics EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Healthcare industry in the US.
Performance of the American Healthcare industry.
The company's shares are down 6.1% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for Fulgent Genetics that you should be aware of before investing here.
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