In This Article:
Spero Therapeutics (NASDAQ:SPRO) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$13.5m (down 47% from 3Q 2023).
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Net loss: US$17.1m (loss widened by 435% from 3Q 2023).
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US$0.32 loss per share (further deteriorated from US$0.061 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Spero Therapeutics Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 76%. Earnings per share (EPS) also surpassed analyst estimates by 12%.
Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in the US.
Performance of the American Biotechs industry.
The company's shares are down 11% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Spero Therapeutics that you should be aware of.
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