Yahoo Finance Clearside Biomedical Full Year 2023 Earnings: Revenues Beat Expectations, EPS In Line
Clearside Biomedical (NASDAQ:CLSD) Full Year 2023 Results
Key Financial Results
Revenue: US$8.23m (up by US$6.90m from FY 2022).
Net loss: US$32.5m (loss narrowed by 1.4% from FY 2022).
US$0.53 loss per share (improved from US$0.55 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Clearside Biomedical Revenues Beat Expectations
Revenue exceeded analyst estimates by 34%. Earnings per share (EPS) was mostly in line with analyst estimates.
Looking ahead, revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Pharmaceuticals industry in the US.
Performance of the American Pharmaceuticals industry.
The company's shares are down 2.4% from a week ago.
Risk Analysis
We should say that we've discovered 4 warning signs for Clearside Biomedical (1 is significant!) that you should be aware of before investing here.
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