In This Article:
Schrödinger (NASDAQ:SDGR) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$35.3m (down 17% from 3Q 2023).
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Net loss: US$38.1m (loss narrowed by 39% from 3Q 2023).
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US$0.52 loss per share (improved from US$0.86 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Schrödinger EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Healthcare Services industry in the US.
Performance of the American Healthcare Services industry.
The company's shares are up 16% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Schrödinger that you should be aware of.
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