Recap: OmniAb Q4 Earnings

OmniAb OABI reported its Q4 earnings results on Wednesday, March 20, 2024 at 04:05 PM.

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

OmniAb beat estimated earnings by 7.000000000000001%, reporting an EPS of $-0.14 versus an estimate of $-0.15.

Revenue was down $30.52 million from the same period last year.

Last quarter the company missed on EPS by $0.02 which was followed by a 3.0% drop in the share price the next day.

Here's a look at OmniAb's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	-0.14	-0.12	-0.03	0.02
EPS Actual	-0.16	-0.15	-0.06	0.07
Revenue Estimate	10.33M	11.49M	18.98M	24.73M
Revenue Actual	5.48M	6.95M	16.92M	35.34M

To track all earnings releases for OmniAb visit their earnings calendar here.

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

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