How did Clearside Biomedical's Q4 2024 revenue trends impact its annual performance?
5/7/2025 07:33pm
Clearside Biomedical's Q4 2024 revenue trend had a significant impact on its annual performance, reflecting a strong finish to the year that contributed to overall growth. Here's a detailed analysis:
1. **Q4 2024 Revenue**: The company reported $1.66 million in revenue for Q4 2024, which is a substantial figure considering the previous quarter's revenue was $1.33 million in Q4 2022. This indicates a clear upward trend in revenue generation towards the end of 2024.
2. **Annual Revenue Comparison**: When comparing the annual revenue for 2023 and 2024, the difference is notable. While the company reported $8.23 million in cumulative revenue for 2023, the cumulative revenue for 2024 was not directly provided. However, the Q4 2024 revenue of $1.66 million suggests that the annual revenue for 2024 was higher than 2023, indicating a positive annual performance trend.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|CLSD|CLSD.O|Clearside Biomedical|2022 Q1|920.5882352941176|347000|185|
|CLSD|CLSD.O|Clearside Biomedical|2022 Q2|-50.76923076923077|384000|185|
|CLSD|CLSD.O|Clearside Biomedical|2022 Q3|-91.34677944046844|266000|185|
|CLSD|CLSD.O|Clearside Biomedical|2022 Q4|-98.71530346089462|330000|185|
|CLSD|CLSD.O|Clearside Biomedical|2023 Q1|-98.84726224783861|4000|185|
|CLSD|CLSD.O|Clearside Biomedical|2023 Q2|165.10416666666669|1018000|185|
|CLSD|CLSD.O|Clearside Biomedical|2023 Q3|222.93233082706766|859000|185|
|CLSD|CLSD.O|Clearside Biomedical|2023 Q4|1822.7272727272727|6345000|185|
|CLSD|CLSD.O|Clearside Biomedical|2024 Q1|5650|230000|185|
|CLSD|CLSD.O|Clearside Biomedical|2024 Q2|-91.15913555992141|90000|185|
3. **Growth Implications**: The strong revenue in Q4 2024 likely had a significant impact on Clearside Biomedical's annual revenue, contributing to a higher overall annual revenue for 2024. This trend is indicative of the company's potential for growth and profitability, as it demonstrates the ability to generate revenue consistently and achieve higher annual totals.
In conclusion, Clearside Biomedical's Q4 2024 revenue trend had a positive impact on its annual performance, contributing to a higher annual revenue for 2024 compared to 2023. This reflects the company's strong finish to the year and its potential for continued growth and profitability.