AC Immune SA Reported FY23 Revenue of CHF14.80M Vs CHF3.94M YoY, EPS Loss of CHF(0.64) Vs CHF(0.85) YoY, Cash Balance of CHF103.1M
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AC Immune SA (ACIU) reported its FY23 financial results, showcasing a significant increase in revenue to CHF14.80 million from CHF3.94 million year-over-year. The company also reported a reduced EPS loss of CHF(0.64) compared to CHF(0.85) in the previous year, alongside a strong cash balance of CHF103.1 million.
March 14, 2024 | 11:17 am
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AC Immune SA reported a significant increase in FY23 revenue and a reduced EPS loss, indicating improved financial health and operational efficiency.
The substantial increase in revenue and the reduction in EPS loss suggest that AC Immune SA is on a path of financial recovery and operational improvement. This is likely to be viewed positively by investors, potentially leading to an increase in stock price in the short term.
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