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Iovance Biotherapeutics (Iova) Reports Q4 Loss, Tops Revenue Estimates

Iovance Biotherapeutics delivered a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.27, with revenues surpassing estimates by 2.26%. The company has consistently topped consensus revenue estimates over the last four quarters, indicating its ability to adapt and grow. Iovance Biotherapeutics' quarterly report represents an earnings surprise of 3.70%, showcasing its resilience in a competitive industry.

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Iovance Biotherapeutics Inc (Iova) Q4 2024 Earnings Call Highlights: Strong Revenue and Growth Δ1.89

Iovance Biotherapeutics Inc has announced a strong revenue performance in its Q4 2024 earnings call, driven by the success of its AntagB therapy. The company's robust manufacturing network and favorable medical coverage policies have contributed to this growth. Iovance Biotherapeutics Inc is now expanding its capacity further to meet increasing demand.

Cardiff Oncology Beats Expectations in Full Year 2024 Earnings Δ1.78

Cardiff Oncology's full year 2024 earnings have exceeded analyst estimates, with a net loss of US$45.5m and a loss per share of US$0.95, wider than the previous year's loss of US$0.93. The company's revenue surpassed expectations by 12%, beating forecasts for growth in the biotechs industry in the US. Looking ahead, Cardiff Oncology's revenue is forecast to grow at an average rate of 52% per annum over the next three years.

ModivCare Full Year 2024 Earnings: EPS Misses Expectations Δ1.77

ModivCare's full year 2024 earnings missed analyst estimates by a significant margin, with the company reporting a net loss of US$201.3m, narrower than the previous year's loss of US$214.9m. Revenue grew 1.3% to US$2.79b, driven primarily by its NEMT segment, but the impact on earnings was substantial due to high cost of sales. The company's shares have declined 17% from a week ago.

The Future of Biotech Growth Hinges on Estimation Revisions Δ1.77

Recursion Pharmaceuticals (RXRX) delivered a quarterly loss of $0.53 per share, missing revenue estimates by 84.18%, and surpassing consensus EPS estimates just once over the last four quarters. The company's recent earnings surprise reflects the challenges in predicting biotechnology growth, where empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Recursion Pharmaceuticals' current sustainability largely depends on management's commentary on the earnings call.

Aurinia Pharmaceuticals Inc. Exceeded Expectations And The Consensus Has Updated Its Estimate Δ1.76

Aurinia Pharmaceuticals Inc.'s (NASDAQ:AUPH) annual results exceeded expectations, with a statutory profit of US$0.04 per share, 54% above forecasts. The company's revenue growth is expected to slow down substantially, with analysts forecasting 10.0% growth on an annualized basis for the end of 2025. This is significantly lower than the historical growth rate of 47% over the past five years and the industry average of 20% per year.

Fulgent Genetics Full Year 2024 Earnings: Eps Beats Expectations Δ1.76

Fulgent Genetics' full-year 2024 earnings report shows revenue down 2.0% from FY 2023, but the company's loss narrowed by 75%, with a net loss of US$42.7m and a loss per share of US$1.41. The company's earnings per share (EPS) surpassed analyst estimates by 17%. Fulgent Genetics forecasts revenue growth of 11% p.a. on average during the next 2 years, outpacing the Healthcare industry in the US at 7.1%.

PTC Therapeutics, Inc.'s Revenue Growth Forecast Sparks Concern Over Sustained Growth Potential Δ1.76

PTC Therapeutics missed analyst estimates, with revenues of US$807m and a statutory loss per share (eps) of US$4.73 falling 2.1% and 6.2% below expectations, respectively. The company's analysts have updated their earnings model, forecasting revenues of US$947.4m in 2025, which would be a 17% improvement in revenue compared to the last 12 months. However, the loss per share is expected to greatly reduce in the near future, narrowing 92% to US$0.37.

Novavax Reports Large Quarterly Revenue Declines, Rethinks Its Strategic Direction Δ1.76

Novavax closed up the day it reported a pivot in direction. The COVID-19 vaccine company, based in Maryland, said during its earnings report that it would move from developing products to instead partnering with larger pharmaceutical companies and licensing its drug technology. Novavax reported $88 million in revenues in the fourth quarter, compared to $291 million the year prior, and $682 million for the full year 2024, compared to $984 million the previous year.

4D Molecular Therapeutics Full Year 2024 Earnings: Misses Expectations Δ1.76

4D Molecular Therapeutics' full year 2024 earnings failed to meet expectations, with a significant widening of its net loss and a decline in its stock price. The company's revenue growth forecast for the next three years is higher than that of the Biotechs industry as a whole, but this may not be enough to offset its current struggles. The company's performance highlights the challenges faced by many biotech companies in achieving profitability.

Here's What Key Metrics Tell Us About Viatris (VTRS) Q4 Earnings Δ1.75

Viatris (VTRS) reported fourth-quarter earnings for December 2024, revealing a revenue decline of 8.1% year-over-year to $3.53 billion, falling short of analysts' expectations. The earnings per share (EPS) also decreased to $0.54, missing the consensus estimate by 5.26%. Key metrics indicate significant challenges for the company, particularly in its emerging markets and generics, which have prompted investor scrutiny regarding future performance.

Heron Therapeutics' Earnings Send Analysts Scrambling Δ1.75

Heron Therapeutics, Inc. (NASDAQ:HRTX) just released its latest annual results with strong numbers, including 2.4% better-than-expected revenues of US$144m and substantially lower statutory losses of US$0.09 per share. The company's recent performance has led analysts to update their earnings model, forecasting a 9.6% annualized growth to the end of 2025. However, this growth outlook is still slower than the wider industry, with some analysts valuing Heron Therapeutics at as low as US$4.00 per share.

Novavax's Quarterly Loss Shrinks as It Ramps Down Spending on Covid Vaccines Δ1.75

Novavax's fourth-quarter loss narrowed on Thursday, helped by reduced selling and administrative expenses of COVID-19 vaccines. The company has struggled to keep up with the pace of rivals Moderna and Pfizer, which make messenger RNA-based vaccines compared to its protein-based shot. Novavax signed a deal worth at least $1.2 billion with French drugmaker Sanofi in May to hand over the rights to sell its vaccines in several markets.

Asure Software Earnings Miss Expectations Periodically Δ1.75

Asure Software's full-year 2024 earnings missed analyst expectations, with revenue and earnings per share (EPS) falling short of projections. The company reported a net loss of US$11.8m, a significant deterioration from the previous year, while its shares have seen a modest increase of 4.3% over the past week. Despite this, Asure Software's growth prospects remain positive, with revenue forecast to grow at an average rate of 10% per annum for the next two years.

Avecho Biotechnology Faces Financial Challenges in FY 2024 Δ1.75

Avecho Biotechnology reported a loss of AU$0.001 per share for its full year 2024 earnings, a significant improvement from the previous year's loss of AU$0.002 per share. The company's revenue increased by 139% to AU$1.13m, driven by growing demand for its products. Despite this positive trend, Avecho Biotechnology still faces financial challenges.

Vinci Partners Investments Posts Strong Q4 2024 Results Despite Earnings Miss Δ1.75

Vinci Partners Investments (NASDAQ:VINP) reported a revenue increase of 32% year-over-year, beating analyst estimates by 16%. However, the company's earnings per share (EPS) missed expectations by 45%, indicating that the growth in revenue was not fully translated into profits. The decline in profit margin to 20% from 49% in the previous year was largely driven by higher expenses.

Longeveron Full Year 2024 Earnings: Beats Expectations Δ1.74

Revenue exceeded analyst estimates by 11%, with net loss narrowing by 28% from FY 2023, and earnings per share surpassing expectations by 29%. The company's revenue growth is forecast to be 57% per annum for the next three years, outpacing the biotechs industry in the US at a 20% growth rate. These results position Longeveron as a promising player in the American biotechs industry.

Rapid Micro Biosystems Full Year 2024 Earnings: In Line With Expectations Δ1.74

Rapid Micro Biosystems' full-year 2024 earnings were in line with expectations, with revenue up 25% from the previous year and a net loss narrowed by 11%. The company's shares have taken a hit, falling 5.0% from a week ago, but this move may be related to the challenges facing the American Life Sciences industry. Looking ahead, Rapid Micro Biosystems' forecasted growth of 16% per annum for the next two years compares favorably to the industry's 5.9% growth.

Fubotv Projects Subscriber Fall in Q1 After Q4 Topline Growth, Stock Tumbles Δ1.74

FuboTV Inc (NYSE:FUBO) reported earnings for the fourth quarter of 2024, with revenue growing 8.1% year over year to $443.277 million, marginally missing analyst expectations. Adjusted EPS loss of 2 cents beat analyst estimates, while the company's adjusted EBITDA margin loss stood at (2.0)% versus (12.2)% Y/Y. The company's paid subscribers grew 6.2% Y/Y to 1.64 million in North America.

Osteopore's Full Year 2024 Earnings: A Slight Improvement Δ1.74

Osteopore reported a narrower net loss of AU$3.24m, a 33% reduction from the previous year, with revenue increasing by 27% to AU$2.81m. The company's shares are down 3.6% from a week ago, highlighting the risks associated with investing in Osteopore. Despite this, the improved financial performance suggests that the company is taking steps towards reducing its losses.

Earnings Update: Pacira BioSciences, Inc. Price Lifted Amid Analyst Revisions Δ1.74

Pacira BioSciences, Inc.'s (NASDAQ:PCRX) latest earnings report was met with a mixed response from investors, as shares declined 4.4% in the past week. Despite this, analysts have revisited their forecasts, lifting the consensus price target by 11% to US$31.71 due to revised earnings estimates. The company's revenue growth is expected to slow down substantially, but still grow roughly in line with the industry.

Array Technologies Full Year 2024 Earnings: Eps Misses Expectations Δ1.74

Revenue was in line with analyst estimates. However, earnings per share (EPS) missed analyst expectations by a significant margin of 109%. The company's net loss also widened by 446% compared to the previous year. Array Technologies' shares have declined by 20% from last week, highlighting the volatility of its stock price.

Guidewire Software Beats Revenue Expectations but Misses EPS Δ1.74

Guidewire Software's second-quarter 2025 earnings report revealed significant revenue growth, exceeding analyst estimates by 1.3%, with US$289.5m in revenue, a 20% increase from the same period last year. However, the company's net loss widened to US$37.3m, a decrease of 485% from the previous year's profit of US$9.69m. Despite this, revenue is forecasted to grow at an average rate of 13% per annum over the next three years.

Assurance Healthcare Sees Slim Profit Margin Amid Revenue Surge Δ1.74

Assurance Healthcare, a healthcare services provider, reported a slim profit margin of S$0.004 loss per share for its full year 2024 earnings, up 100% from FY 2023. The company's net loss narrowed by 38% compared to the previous year, despite a significant increase in revenue. However, the company's performance is still plagued by concerns about its operational efficiency and ability to maintain profitability.

Skyrocketing Biotech Stocks: The BeiGene Advantage Δ1.74

BeiGene, Ltd. (NASDAQ:ONC) has surged in value this year, driven by solid Q4 and full-year results that demonstrate the company's growth potential. The stock's global revenue growth of 78% year-over-year to $1.1 billion in Q4 2024 highlights the increasing demand for cancer treatments. As the global population ages, the number of cancer patients is expected to rise, creating a significant opportunity for companies like BeiGene to expand their market share.

Viatris (Nasdaq:vtrs) Misses Q4 Revenue Estimates, Stock Drops Δ1.74

Medication company Viatris (NASDAQ:VTRS) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 8.1% year on year to $3.53 billion. The company’s full-year revenue guidance of $13.75 billion at the midpoint came in 3.3% below analysts’ estimates. Its non-GAAP profit of $0.54 per share was 5.6% below analysts’ consensus estimates.