Yahoo Finance Mersana Therapeutics Full Year 2023 Earnings: Revenues Disappoint
Mersana Therapeutics (NASDAQ:MRSN) Full Year 2023 Results
Key Financial Results
Revenue: US$36.9m (up 39% from FY 2022).
Net loss: US$171.7m (loss narrowed by 16% from FY 2022).
US$1.48 loss per share (improved from US$2.18 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mersana Therapeutics Revenues Disappoint
Revenue missed analyst estimates by 9.9%. Earnings per share (EPS) was mostly in line with analyst estimates.
Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Biotechs industry in the US.
Performance of the American Biotechs industry.
The company's shares are up 28% from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for Mersana Therapeutics that we have uncovered.
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