Gh Research Plc (GHRS) has released an update.
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GH Research PLC reported an increase in its R&D expenses to $8,658,000 for the first quarter of 2024, up from $7,306,000 for the same period in 2023. The company’s loss from operations also grew to $11,528,000, while overall financial activities generated a loss before tax of $7,666,000, compared to a larger loss of $10,937,000 in the previous year. Despite a challenging quarter, GH Research PLC managed to slightly reduce its loss before tax year-over-year.
For further insights into GHRS stock, check out TipRanks’ Stock Analysis page.