Exact Sciences (NASDAQ:EXAS) Full Year 2024 Results

Key Financial Results

• Revenue: US$2.76b (up 10% from FY 2023).
• Net loss: US$1.03b (loss widened by 404% from FY 2023).
• US$5.59 loss per share (further deteriorated from US$1.13 loss in FY 2023).

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

Exact Sciences EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly.

Looking ahead, revenue is forecast to grow 9.5% 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 2.1% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Exact Sciences' balance sheet and an in-depth analysis of the company's financial position.

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