Twist Bioscience Full Year 2024 Earnings: EPS Misses Expectations

Simply Wall St.
20 Nov 2024

Twist Bioscience (NASDAQ:TWST) Full Year 2024 Results

Key Financial Results

  • Revenue: US$313.0m (up 28% from FY 2023).
  • Net loss: US$208.7m (loss widened by 2.0% from FY 2023).
  • US$3.60 loss per share (further deteriorated from US$3.60 loss in FY 2023).
NasdaqGS:TWST Revenue and Expenses Breakdown November 20th 2024

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

Twist Bioscience EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.1%.

The primary driver behind last 12 months revenue was the Americas segment contributing a total revenue of US$193.9m (62% of total revenue). Notably, cost of sales worth US$179.6m amounted to 57% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$213.2m (62% of total expenses). Explore how TWST's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are down 2.8% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Twist Bioscience, and understanding them should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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