Recap: Omega Therapeutics Q3 Earnings

Omega Therapeutics OMGA reported its Q3 earnings results on Thursday, November 9, 2023 at 07:00 AM.

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

Omega Therapeutics beat estimated earnings by 24.53%, reporting an EPS of $-0.4 versus an estimate of $-0.53.

Revenue was up $236 thousand from the same period last year.

Last quarter the company missed on EPS by $0.03 which was followed by a 2.42% increase in the share price the next day.

Here's a look at Omega Therapeutics's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.51	-0.6	-0.63	-0.62
EPS Actual	-0.54	-0.5	-0.64	-0.54
Revenue Estimate	450K	260K	260K	100K
Revenue Actual	759K	516K	735K	595K

** Listen to the earnings announcement yourself by clicking here. **

To track all earnings releases for Omega Therapeutics visit their earnings calendar here.

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

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