Yahoo Finance Ikena Oncology Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag
Ikena Oncology (NASDAQ:IKNA) Full Year 2023 Results
Key Financial Results
Net loss: US$68.2m (flat on FY 2022).
US$1.63 loss per share (improved from US$1.90 loss in FY 2022).
IKNA Products In Clinical Trials
Phase I: 2.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ikena Oncology EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 23%. Earnings per share (EPS) exceeded analyst estimates by 1.8%.
Looking ahead, revenue is forecast to grow 42% 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 11% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 5 warning signs for Ikena Oncology (of which 1 makes us a bit uncomfortable!) you should know about.
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