MediPharm Labs Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

In This Article:

MediPharm Labs (TSE:LABS) Full Year 2023 Results

Key Financial Results

  • Revenue: CA$33.1m (up 50% from FY 2022).

  • Net loss: CA$13.1m (loss narrowed by 56% from FY 2022).

  • CA$0.04 loss per share (improved from CA$0.11 loss in FY 2022).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

MediPharm Labs Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 14%.

The company's shares are up 38% from a week ago.

Risk Analysis

It is worth noting though that we have found 5 warning signs for MediPharm Labs (1 is a bit concerning!) that you need to take into consideration.

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