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Liquidia's 2023 Net Loss Widens, Revenue Increases -- Shares Advance Pre-Bell
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Liquidia's 2023 Net Loss Widens, Revenue Increases -- Shares Advance Pre-Bell
Mar 13, 2024 4:05 AM

06:36 AM EDT, 03/13/2024 (MT Newswires) -- Liquidia ( LQDA ) reported a 2023 net loss Wednesday of $1.21 per diluted share, wider than its loss of $0.67 a year earlier.

Analysts polled by Capital IQ expected a loss of $1.02.

Revenue for the year ended Dec. 31 was $17.5 million, up from $15.9 million a year earlier.

Analysts surveyed by Capital IQ expected $17.7 million.

The biopharmaceutical company said it had $83.7 million in cash on hand as of Dec. 31.

Liquidia ( LQDA ) shares were up 3% in recent Wednesday premarket activity.

Price: 14.4, Change: +0.42, Percent Change: +3

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