Neuren Pharmaceuticals Posts Lower 2024 Earnings as Revenue Drops

MT Newswires Live

02/28

Neuren Pharmaceuticals (ASX:NEU) reported Friday 2024 earnings of AU$1.0861 per diluted share, down from AU$1.2012 a year earlier.

Analysts polled by Visible Alpha expected a diluted EPS of AU$0.95.

Revenue from ordinary activities for the year ended Dec. 31, 2024, was AU$227.8 million, down from AU$240.1 million a year earlier. Analysts surveyed by Visible Alpha expected AU$194.8 million.

Neuren anticipates earning royalties of AU$62 million to AU$67 million, assuming its global partner for trofinetide, Nasdaq-listed Acadia, meets its full-year net sales guidance of $380 million to $405 million for 2025, per the filing.

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