Advertisement
U.S. markets close in 1 hour 14 minutes
  • S&P 500

    5,251.58
    +3.09 (+0.06%)
     
  • Dow 30

    39,770.57
    +10.49 (+0.03%)
     
  • Nasdaq

    16,372.25
    -27.27 (-0.17%)
     
  • Russell 2000

    2,122.87
    +8.53 (+0.40%)
     
  • Crude Oil

    83.13
    +1.78 (+2.19%)
     
  • Gold

    2,240.00
    +27.30 (+1.23%)
     
  • Silver

    24.94
    +0.19 (+0.78%)
     
  • EUR/USD

    1.0793
    -0.0036 (-0.33%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • GBP/USD

    1.2620
    -0.0018 (-0.14%)
     
  • USD/JPY

    151.3870
    +0.1410 (+0.09%)
     
  • Bitcoin USD

    70,740.24
    +1,975.08 (+2.87%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Nikkei 225

    40,168.07
    -594.66 (-1.46%)
     

Cyclerion Therapeutics Third Quarter 2022 Earnings: US$0.24 loss per share (vs US$0.26 loss in 3Q 2021)

Cyclerion Therapeutics (NASDAQ:CYCN) Third Quarter 2022 Results

Key Financial Results

  • Net loss: US$10.5m (loss narrowed by 7.0% from 3Q 2021).

  • US$0.24 loss per share (improved from US$0.26 loss in 3Q 2021).

earnings-and-revenue-history
earnings-and-revenue-history

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

Cyclerion Therapeutics Earnings Insights

Looking ahead, revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are down 19% from a week ago.

Risk Analysis

Before you take the next step you should know about the 6 warning signs for Cyclerion Therapeutics (3 are significant!) that we have uncovered.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here

Advertisement