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Stock impact report

Loss-Making ARS Pharmaceuticals, Inc. (NASDAQ:SPRY) Expected To Breakeven In The Medium-Term [Yahoo! Finance]

ARS Pharmaceuticals, Inc. (SPRY) 
Company Research Source: Yahoo! Finance
ARS Pharmaceuticals, Inc., a biopharmaceutical company, develops treatments for severe allergic reactions. With the latest financial year loss of US$54m and a trailing-twelve-month loss of US$49m, the US$1.4b market-cap company alleviated its loss by moving closer towards its target of breakeven. Many investors are wondering about the rate at which ARS Pharmaceuticals 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 ARS Pharmaceuticals Consensus from 4 of the American Biotechs analysts is that ARS Pharmaceuticals is on the verge of breakeven. They anticipate the company to incur a final loss in 2025, before generating positive profits of US$5.9m in 2026. So, the company is predicted to breakeven approximately 2 years from now. How fast will the company have to grow each year in order to reach the Show less Read more
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