Celldex Therapeutics Full Year 2022 Earnings: Revenues Beat Expectations, EPS In Line
Celldex Therapeutics (NASDAQ:CLDX) Full Year 2022 Results
Key Financial Results
Net loss: US$112.3m (loss widened by 59% from FY 2021).
US$2.40 loss per share (further deteriorated from US$1.65 loss in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Celldex Therapeutics Revenues Beat Expectations
Revenue exceeded analyst estimates by 141%. Earnings per share (EPS) was mostly in line with analyst estimates.
Looking ahead, revenue is forecast to grow 48% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Biotechs industry in the US.
Performance of the American Biotechs industry.
The company's shares are up 12% from a week ago.
Be aware that Celldex Therapeutics is showing 3 warning signs in our investment analysis and 1 of those is potentially serious...
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