Aclaris Therapeutics (NASDAQ:ACRS) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$2.77m (up 48% from 2Q 2023).

• Net loss: US$11.0m (loss narrowed by 63% from 2Q 2023).

• US$0.15 loss per share (improved from US$0.42 loss in 2Q 2023).

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

Aclaris Therapeutics Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 52%. Earnings per share (EPS) also surpassed analyst estimates by 20%.

Looking ahead, revenue is expected to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Pharmaceuticals industry in the US are expected to grow by 9.4%.

Performance of the American Pharmaceuticals industry.

The company's shares are down 11% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Aclaris Therapeutics that you should be aware of.

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