Taysha Gene Therapies (NASDAQ:TSHA) Third Quarter 2024 Results

Key Financial Results

• Net loss: US$25.5m (loss narrowed by 78% from 3Q 2023).
• US$0.095 loss per share (improved from US$0.93 loss in 3Q 2023).

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

Taysha Gene Therapies Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 8.5%. Earnings per share (EPS) missed analyst estimates by 12%.

Looking ahead, revenue is forecast to grow 70% 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 up 60% from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for Taysha Gene Therapies (2 are significant!) that you should be aware of before investing here.

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