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Creative Medical Technology Holdings First Quarter 2023 Earnings: US$0.075 loss per share (vs US$0.18 loss in 1Q 2022)

Creative Medical Technology Holdings (NASDAQ:CELZ) First Quarter 2023 Results

Key Financial Results

  • Net loss: US$1.05m (loss narrowed by 8.9% from 1Q 2022).

  • US$0.075 loss per share (improved from US$0.18 loss in 1Q 2022).

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

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

Creative Medical Technology Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 74% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are up 3.1% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 6 warning signs for Creative Medical Technology Holdings (4 are a bit concerning!) that you need to be mindful of.

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Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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