Yahoo Finance Galapagos First Quarter 2024 Earnings: EPS: €0.36 (vs €0.35 in 1Q 2023)
Galapagos (AMS:GLPG) First Quarter 2024 Results
Key Financial Results
Revenue: €62.4m (down 65% from 1Q 2023).
Net income: €23.5m (up 1.3% from 1Q 2023).
Profit margin: 38% (up from 13% in 1Q 2023).
EPS: €0.36 (up from €0.35 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Galapagos Earnings Insights
Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Biotechs industry in Europe.
Performance of the market in the Netherlands.
The company's shares are up 1.1% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for Galapagos (1 is concerning!) that you should be aware of before investing here.
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