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Stock impact report

When Will Amicus Therapeutics, Inc. (NASDAQ:FOLD) Become Profitable? [Yahoo! Finance]

Amicus Therapeutics, Inc. (FOLD) 
Last amicus therapeutics, inc. earnings: 11/11 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.amicusrx.com/investor-relations
Company Research Source: Yahoo! Finance
Amicus Therapeutics, Inc., a biotechnology company, focuses on discovering, developing, and delivering medicines for rare diseases. On 31 December 2023, the US$3.1b market-cap company posted a loss of US$152m for its most recent financial year. The most pressing concern for investors is Amicus Therapeutics' path to profitability – when will it breakeven? In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable. Check out our latest analysis for Amicus Therapeutics According to the 11 industry analysts covering Amicus Therapeutics, the consensus is that breakeven is near. They anticipate the company to incur a final loss in 2024, before generating positive profits of US$121m in 2025. Therefore, the company is expected to breakeven just over a year from today. How fast will the company have to grow each year in order to reach the breakeven point by 2025? Working backwards from analyst estimates, it turns out that th Show less Read more
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