Galapagos Third Quarter 2024 Earnings: €0.74 loss per share (vs €0.39 profit in 3Q 2023)

In This Article:

Galapagos (AMS:GLPG) Third Quarter 2024 Results

Key Financial Results

  • Revenue: €59.8m (down 50% from 3Q 2023).

  • Net loss: €48.6m (down by 288% from €25.8m profit in 3Q 2023).

  • €0.74 loss per share (down from €0.39 profit in 3Q 2023).

earnings-and-revenue-growth
ENXTAM:GLPG Earnings and Revenue Growth November 2nd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Galapagos Earnings Insights

Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in Europe.

Performance of the market in the Netherlands.

The company's shares are down 9.2% from a week ago.

Risk Analysis

Be aware that Galapagos is showing 2 warning signs in our investment analysis and 1 of those makes us a bit uncomfortable...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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