Vaxart (NASDAQ:VXRT) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$4.93m (up 135% from 3Q 2023).
• Net loss: US$14.1m (loss narrowed by 19% from 3Q 2023).
• US$0.062 loss per share (improved from US$0.11 loss in 3Q 2023).

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

Vaxart Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates significantly. Earnings per share (EPS) also surpassed analyst estimates by 41%.

Looking ahead, revenue is forecast to grow 50% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are down 15% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Vaxart you should be aware of.

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