Arrowhead Pharmaceuticals Reports FY23 EPS Of $(1.92) Vs (1.67) Last Year; Revenue $240.735M Vs $243.23M Last Year
Portfolio Pulse from Benzinga Newsdesk
Arrowhead Pharmaceuticals reported a fiscal year 2023 earnings per share (EPS) of $(1.92), which is a decrease from last year's $(1.67) EPS. Revenue for FY23 was $240.735 million, slightly down from $243.23 million in the previous year.

November 29, 2023 | 9:05 pm
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NEGATIVE IMPACT
Arrowhead Pharmaceuticals reported lower earnings and a slight decrease in revenue for FY23 compared to the previous year.
The reported decrease in EPS and a slight drop in revenue are typically seen as negative indicators for a company's financial performance, which can lead to a bearish outlook among investors in the short term. The direct mention of Arrowhead Pharmaceuticals with specific financial figures makes the news highly relevant and important for investors, although the slight nature of the revenue decrease tempers the impact slightly.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100