Opthea Posts Narrower Fiscal H1 Loss, Lower Revenue

MT Newswires Live
28 Feb

Opthea (ASX:OPT) reported Friday that its loss per diluted share in the fiscal first half narrowed to $0.108 from $0.172 a year earlier.

Analysts polled by Visible Alpha were expecting a loss of $0.14 per diluted share.

Total revenue for the six months ended Dec. 31, 2024, was $149,000, down from $202,000 in the same period a year earlier. Analysts surveyed by Visible Alpha expected $100,000.

Company shares were down 2% in recent Friday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10