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Stock impact report

Breakeven On The Horizon For Citius Pharmaceuticals, Inc. (NASDAQ:CTXR) [Yahoo! Finance]

Citius Pharmaceuticals, Inc. (CTXR) 
NASDAQ:AMEX Investor Relations: ir.citiuspharma.com
Company Research Source: Yahoo! Finance
Citius Pharmaceuticals, Inc., a late-stage pharmaceutical company, engages in the development and commercialization of critical care products focusing on oncology products, anti-infectives products in adjunct cancer care, prescription products, and stem cell therapy. The US$105m market-cap company announced a latest loss of US$34m on 30 September 2023 for its most recent financial year result. The most pressing concern for investors is Citius Pharmaceuticals' path to profitability – when will it breakeven? Below we will provide a high-level summary of the industry analysts' expectations for the company. Check out our latest analysis for Citius Pharmaceuticals Citius Pharmaceuticals is bordering on breakeven, according to the 3 American Pharmaceuticals analysts. They anticipate the company to incur a final loss in 2024, before generating positive profits of US$1.2m in 2025. Therefore, the company is expected to breakeven just over a year from today. In order to meet this breakeven Show less Read more
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