NewAmsterdam Pharma Q1 Net Loss Narrows, Revenue Rises

MT Newswires Live
05-08

NewAmsterdam Pharma (NAMS) shares were down 1% on Thursday after reporting a Q1 net loss of $0.34 per diluted share, narrowing from a $1.06 loss a year earlier.

Analysts polled by FactSet expected a $0.50 loss.

Revenue for the quarter ended March 31 was $3 million, up from $1.4 million a year earlier.

Analysts expected $1.6 million.

The Dutch biopharmaceutical company had cash and equivalents of $808.5 million at end of Q1 compared with $834.2 million on hand on Dec. 31, 2024.

Price: 18.08, Change: -0.84, Percent Change: -4.44

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