Plus Therapeutics (NASDAQ:PSTV) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$1.28m (down 31% from 2Q 2023).

• Net loss: US$2.94m (loss widened by 98% from 2Q 2023).

• US$0.45 loss per share.

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

Plus Therapeutics Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 15%.

Looking ahead, revenue is forecast to grow 63% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are down 6.2% from a week ago.

Risk Analysis

We should say that we've discovered 6 warning signs for Plus Therapeutics (4 can't be ignored!) that you should be aware of before investing here.

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