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Evotec Q1 Net Loss Widens as Revenue Falls
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Evotec Q1 Net Loss Widens as Revenue Falls
May 22, 2024 4:11 AM

06:55 AM EDT, 05/22/2024 (MT Newswires) -- Evotec (EVO) reported a Q1 net loss of 0.12 euros ($0.13) per share, wider than a loss of 0.08 euros a year earlier.

Analysts polled by Capital IQ expected a loss of 0.13 euros.

Revenue for the quarter ended March 31 was 208.7 million euros, down from 213.6 million a year earlier.

Analysts polled by Capital IQ expected 202.4 million.

The company said it expects full-year 2024 revenue to grow by a double-digit percentage. Analysts surveyed by Capital IQ are expecting revenue to be 874.6 million euros.

Price: 5.13, Change: +0.04, Percent Change: +0.79

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