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Recap: AbCellera Biologics Q4 Earnings

Author: Benzinga Insights | February 20, 2024 05:30pm

AbCellera Biologics (NASDAQ:ABCL) reported its Q4 earnings results on Tuesday, February 20, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

AbCellera Biologics missed estimated earnings by 30.77%, reporting an EPS of $-0.17 versus an estimate of $-0.13.

Revenue was down $12.37 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 6.09% increase in the share price the next day.

Here's a look at AbCellera Biologics's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.13 -0.13 -0.14 0
EPS Actual -0.10 -0.11 -0.14 -0.1
Revenue Estimate 11.90M 12.37M 12.11M 50.80M
Revenue Actual 6.60M 10.06M 12.19M 21.55M

To track all earnings releases for AbCellera Biologics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: ABCL

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