In recent news, Creative Medical Technology Holdings (NASDAQ: CELZ) released its full-year 2023 results. Despite analyst estimates, the company’s revenue exceeded expectations by an impressive 50%. However, the earnings per share (EPS) fell short by 2.2%. Looking ahead, Creative Medical Technology Holdings is forecasting an average annual revenue growth of 61% over the next three years, significantly outpacing the industry average of 17% growth in the US biotechs sector.
Despite this strong revenue performance, shares of Creative Medical Technology Holdings have declined by 3.2% from the previous week. It is crucial for investors to be aware of the risks involved in investing in this company. While there are no warning signs associated with Creative Medical Technology Holdings, it is important to note that there are always inherent risks when investing in any stock or industry. As such, investors should conduct their own research and carefully consider all relevant factors before making any investment decisions.
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