GH Research Reports FY23 Net Loss Of $(35.6)M, Or EPS Loss Of $(0.68) Vs. $(22.5)M, Or $(0.43) The Prior Year
Portfolio Pulse from Benzinga Newsdesk
GH Research reported a fiscal year 2023 net loss of $35.6 million, or a loss of $0.68 per share, compared to a net loss of $22.5 million, or $0.43 per share, in the previous year.
February 29, 2024 | 12:19 pm
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GH Research reported a larger net loss in FY23 of $35.6 million, or $0.68 per share, compared to a net loss of $22.5 million, or $0.43 per share, in the previous year.
The reported increase in net loss and loss per share for GH Research in FY23 compared to the previous year could negatively impact investor sentiment and potentially lead to a short-term decrease in stock price. The widening loss indicates a growing gap between revenue and expenses, which may raise concerns about the company's current financial health and future profitability.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100