Recap: Zymeworks Q3 Earnings

Zymeworks (NASDAQ:ZYME) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.

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

Earnings

Zymeworks beat estimated earnings by 19.15%, reporting an EPS of $-0.38 versus an estimate of $-0.47.

Revenue was up $13.88 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.28 which was followed by a 7.6% drop in the share price the next day.

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

QuarterQ2 2023Q1 2023Q4 2022Q3 2022EPS EstimateEPS ActualRevenue EstimateRevenue Actual
-0.47 -0.54 4.84 -0.92 -0.75 -0.34 4.71 -0.66 12.36M 19.52M 371.30M 3.97M 7.00M 35.58M 402.49M 2.63M

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

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

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