Assembly Biosciences (NASDAQ:ASMB) Full Year 2024 Results

Key Financial Results

• Revenue: US$28.5m (up 298% from FY 2023).
• Net loss: US$40.2m (loss narrowed by 34% from FY 2023).
• US$6.69 loss per share (improved from US$13.38 loss in FY 2023).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Assembly Biosciences Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%.

Looking ahead, revenue is expected to decline by 58% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 20%.

Performance of the American Biotechs industry.

The company's shares are up 1.4% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 5 warning signs for Assembly Biosciences (2 don't sit too well with us) you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.