In This Article:
ANI Pharmaceuticals (NASDAQ:ANIP) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$148.3m (up 13% from 3Q 2023).
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Net loss: US$24.6m (down by 384% from US$8.64m profit in 3Q 2023).
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US$1.27 loss per share (down from US$0.46 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ANI Pharmaceuticals Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) missed analyst estimates significantly.
Looking ahead, revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Pharmaceuticals industry in the US.
Performance of the American Pharmaceuticals industry.
The company's shares are up 5.6% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for ANI Pharmaceuticals that you need to be mindful of.
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