GreenLight Biosciences Holdings (NASDAQ:GRNA) Full Year 2022 Results
Key Financial Results
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Net loss: US$167.1m (loss widened by 49% from FY 2021).
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US$1.27 loss per share (further deteriorated from US$1.17 loss in FY 2021).
GRNA Products In Clinical Trials
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Phase I: 6.
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Phase II: 2.
GRNA Post-Clinical Trial Products
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Pre-registration: 2.
All figures shown in the chart above are for the trailing 12 month (TTM) period
GreenLight Biosciences Holdings Revenues Beat Expectations
Revenue exceeded analyst estimates by 156%. Earnings per share (EPS) was mostly in line with analyst estimates.
Looking ahead, revenue is forecast to grow 67% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Biotechs industry in the US.
Performance of the American Biotechs industry.
The company's shares are down 13% from a week ago.
Risk Analysis
Before you take the next step you should know about the 5 warning signs for GreenLight Biosciences Holdings (1 is potentially serious!) that we have uncovered.
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