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Idorsia Full Year 2022 Earnings: Beats Expectations

Idorsia (VTX:IDIA) Full Year 2022 Results

Key Financial Results

  • Revenue: CHF97.1m (up 175% from FY 2021).

  • Net loss: CHF827.9m (loss widened by 31% from FY 2021).

  • CHF4.67 loss per share (further deteriorated from CHF3.77 loss in FY 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

Idorsia Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 22%. Earnings per share (EPS) also surpassed analyst estimates by 2.3%.

Looking ahead, revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Biotechs industry in Europe.

Performance of the market in Switzerland.

The company's shares are down 18% from a week ago.

Risk Analysis

Before you take the next step you should know about the 5 warning signs for Idorsia (3 make us uncomfortable!) that we have uncovered.

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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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