Overview
Sweden drug delivery tech firm's Q1 revenue fell yr/yr, operating loss widened
Q1 net loss increased from prior year, with EPS at SEK -0.08
Company reported strong preclinical results for monthly and quarterly semaglutide dosing
Outlook
Company did not provide specific guidance or outlook for future quarters or the full year
Result Drivers
PRECLINICAL PROGRESS - Co reported strong preclinical results for monthly and quarterly semaglutide dosing
Company press release: ID:nMFNb5T7zN
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
SEK 1.63 mln
Q1 EPS
-SEK 0.08
Q1 Net Income
-SEK 14.02 mln
Q1 EBIT
-SEK 13.61 mln
Analyst Coverage
The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 33 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)