Arrowhead Pharmaceuticals, a biopharmaceutical company focused on developing targeted RNA interference (RNAi) therapeutics, saw its stock plummet 5.08% in Wednesday's intraday trading session. This significant decline followed the company's disappointing first-quarter 2025 earnings report, which missed analysts' expectations and showcased widening losses.
The key financial highlights from the report were:
- Net loss of $173.1 million, a 30% increase from the same quarter last year
- Earnings per share loss of $1.39, further deteriorating from the $1.24 loss in Q1 2024
- Revenue missed analyst estimates by a staggering 87%
Despite the challenging quarter, Arrowhead Pharmaceuticals remains optimistic about its future growth prospects. The company forecasts a 42% annual revenue growth rate on average for the next three years, outpacing the projected 21% growth for the broader US biotechnology industry.