Posted 11/18/2023, 2:56:16 PM
ICU Medical Share Price Drops Despite Revenue Growth, Investors Eye Path to Profitability
- ICU Medical share price has fallen 63% over 5 years despite 13% annual revenue growth
- Share price down 45% last year and 35% last 90 days, though added $89m to market cap last 7 days
- Company didn't make a profit in the last 12 months, so focused on revenue growth
- Market may be disappointed with current growth rate and waiting for profitability
- Consider risks like recent poor stock performance before investing in ICU Medical