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Omeros Corporation Reports Fourth Quarter and Year-End 2024 Financial Results

1. OMER reported a smaller net loss for Q4 2024 compared to Q3 2024. 2. Yearly net loss increased to $156.8 million in 2024.

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-3.77%Current Return
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+0.32%S&P 500
$8.2203/31 04:15 PM EDTEvent Start
$7.9104/01 10:57 PM EDTLatest Updated
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FAQ

Why Neutral?

While the quarterly loss decreased slightly, the overall annual loss significantly increased. Investors may view this as a lack of profitability progress, similar to previous years without major catalysts.

How important is it?

The financial results provide insight into OMER's operational effectiveness and can influence stock price, though they are not dramatically newsworthy due to historical losses.

Why Short Term?

The recent financial results can influence immediate investor sentiment, but ongoing performance will shape long-term views.

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SEATTLE--(BUSINESS WIRE)--Omeros Corporation (Nasdaq: OMER) today announced recent highlights and developments as well as financial results for the fourth quarter and year ended December 31, 2024, which include: Net loss for the fourth quarter of 2024 was $31.4 million, or $0.54 per share, compared to a net loss of $32.2 million, or $0.56 per share for the third quarter of 2024. For the year ended December 31, 2024, net loss was $156.8 million, or $2.70 per share, compared to a net loss of $117.

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