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Stock impact report

Market Sentiment Around Loss-Making Iovance Biotherapeutics, Inc. (NASDAQ:IOVA) [Yahoo! Finance]

Iovance Biotherapeutics, Inc. (IOVA) 
Last iovance biotherapeutics, inc. earnings: 2/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: iovance.com
Company Research Source: Yahoo! Finance
Iovance Biotherapeutics, Inc., a commercial-stage biotechnology company, develops and commercializes cell therapies using autologous tumor infiltrating lymphocyte for the treatment of metastatic melanoma and other solid tumor cancers in the United States. On 31 December 2023, the US$3.8b market-cap company posted a loss of US$444m for its most recent financial year. Many investors are wondering about the rate at which Iovance Biotherapeutics will turn a profit, with the big question being “when will the company breakeven?” In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable. See our latest analysis for Iovance Biotherapeutics Iovance Biotherapeutics is bordering on breakeven, according to the 13 American Biotechs analysts. They anticipate the company to incur a final loss in 2025, before generating positive profits of US$6.5m in 2026. The company is therefore projected to breakeven around 2 years from today. Show less Read more
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