Yahoo Finance Oxford Biomedica Full Year 2023 Earnings: Misses Expectations
Oxford Biomedica (LON:OXB) Full Year 2023 Results
Key Financial Results
Revenue: UK£89.5m (down 36% from FY 2022).
Net loss: UK£157.5m (loss widened by 302% from FY 2022).
UK£1.63 loss per share (further deteriorated from UK£0.41 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Oxford Biomedica Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 79%.
Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Biotechs industry in the United Kingdom.
Performance of the British Biotechs industry.
The company's shares are up 29% from a week ago.
Risk Analysis
Be aware that Oxford Biomedica is showing 2 warning signs in our investment analysis that you should know about...
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