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Stock impact report

Analysts Are Optimistic We'll See A Profit From CASI Pharmaceuticals, Inc. (NASDAQ:CASI) [Yahoo! Finance]

CASI Pharmaceuticals, Inc. - Ordinary Shares (CASI) 
Last casi pharmaceuticals, inc. - ordinary shares earnings: 11/12 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: casipharmaceuticals.com/investor-relations
Company Research Source: Yahoo! Finance
CASI Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes therapeutics and pharmaceutical products in the People's Republic of China, the United States, and internationally. The US$33m market-cap company announced a latest loss of US$27m on 31 December 2023 for its most recent financial year result. As path to profitability is the topic on CASI Pharmaceuticals' investors mind, we've decided to gauge market sentiment. Below we will provide a high-level summary of the industry analysts' expectations for the company. Check out our latest analysis for CASI Pharmaceuticals CASI Pharmaceuticals is bordering on breakeven, according to some American Biotechs analysts. They expect the company to post a final loss in 2023, before turning a profit of US$37k in 2024. Therefore, the company is expected to breakeven roughly a year from now or less! How fast will the company have to grow to reach the consensus forecasts that anticipate breakeven by 2024? Working backwa Show less Read more
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