Cyclo Therapeutics (NASDAQ:CYTH) Third Quarter 2022 Results

Key Financial Results

• Revenue: US$452.2k (up 12% from 3Q 2021).

• Net loss: US$4.25m (loss widened by 10.0% from 3Q 2021).

• US$0.50 loss per share.

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

Cyclo Therapeutics EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 27%. Earnings per share (EPS) exceeded analyst estimates by 5.7%.

Looking ahead, revenue is forecast to grow 73% 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 up 8.0% from a week ago.

Risk Analysis

Be aware that Cyclo Therapeutics is showing 6 warning signs in our investment analysis and 1 of those shouldn't be ignored...

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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.

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