VYNE Therapeutics Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

In This Article:

VYNE Therapeutics (NASDAQ:VYNE) Second Quarter 2024 Results

Key Financial Results

  • Net loss: US$9.40m (loss narrowed by 6.4% from 2Q 2023).

  • US$0.22 loss per share (improved from US$3.07 loss in 2Q 2023).

earnings-and-revenue-history
earnings-and-revenue-history

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

VYNE Therapeutics Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 80%. Earnings per share (EPS) missed analyst estimates by 16%.

Looking ahead, revenue is forecast to grow 89% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Pharmaceuticals industry in the US.

Performance of the American Pharmaceuticals industry.

The company's shares are up 5.1% from a week ago.

Risk Analysis

You still need to take note of risks, for example - VYNE Therapeutics has 6 warning signs (and 3 which make us uncomfortable) we think you should know about.

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