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Stock impact report

Evoke Pharma, Inc.'s (NASDAQ:EVOK) Shift From Loss To Profit [Yahoo! Finance]

Evoke Pharma, Inc. (EVOK) 
Last evoke pharma, inc. earnings: 11/7 08:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Evoke Pharma, Inc., a specialty pharmaceutical company, primarily focuses on the development and commercialization of drugs for the treatment of gastroenterological disorders and diseases. With the latest financial year loss of US$7.8m and a trailing-twelve-month loss of US$6.5m, the US$4.8m market-cap company alleviated its loss by moving closer towards its target of breakeven. As path to profitability is the topic on Evoke Pharma's investors mind, we've decided to gauge market sentiment. In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable. View our latest analysis for Evoke Pharma Evoke Pharma is bordering on breakeven, according to some American Pharmaceuticals analysts. They expect the company to post a final loss in 2024, before turning a profit of US$938k in 2025. Therefore, the company is expected to breakeven just over a year from now. How fast will the company have to grow each year in order to reach Show less Read more
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