HBM Healthcare Investments AG Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2024
January 20, 2025 at 01:04 pm EST
HBM Healthcare Investments AG reported earnings results for the third quarter and nine months ended December 31, 2024. For the third quarter, the company reported revenue was CHF 44.8 million compared to negative revenue of CHF 86.43 million a year ago. Net income was CHF 43.92 million compared to net loss of CHF 87.24 million a year ago. Basic earnings per share from continuing operations was CHF 6.47 compared to basic loss per share from continuing operations of CHF 12.58 a year ago.
For the nine months, revenue was CHF 69.33 million compared to negative revenue of CHF 154.51 million a year ago. Net income was CHF 66.47 million compared to net loss of CHF 157.54 million a year ago. Basic earnings per share from continuing operations was CHF 9.74 compared to basic loss per share from continuing operations of CHF 22.68 a year ago.