Yahoo Finance Traws Pharma Full Year 2023 Earnings: Beats Expectations
Traws Pharma (NASDAQ:TRAW) Full Year 2023 Results
Key Financial Results
Net loss: US$18.9m (flat on FY 2022).
US$0.90 loss per share (improved from US$0.91 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Traws Pharma Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) also surpassed analyst estimates by 5.9%.
In the last 12 months, the only revenue segment was Identification and Development of Oncology Therapeutics contributing US$226.0k. The largest operating expense was Research & Development (R&D) costs, amounting to US$11.4m (56% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of US$1.35m. Explore how TRAW's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Pharmaceuticals industry in the US.
Performance of the American Pharmaceuticals industry.
The company's shares are down 15% from a week ago.
Risk Analysis
We should say that we've discovered 4 warning signs for Traws Pharma (2 can't be ignored!) that you should be aware of before investing here.
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