Re: SVB Leerink not seeing any profit (FY20-23) in the next 4 years???
Until the claimed new financial discipline shows up in the quarterly numbers we won't see analysts increase their earnings. If the company hits the expense number they forecast, around $70 million in Q4, and revenues in the $48 million range, the top end of analyst projections, the analysts will recalculate. The new BOD member plus new CFO may actually reign in company overhead and excess spending coupled with revenue ramp. Cross your fingers.