Recap: Adaptive Biotechnologies Q3 Earnings

Adaptive Biotechnologies ADPT reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM.

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

Adaptive Biotechnologies missed estimated earnings by 2.94%, reporting an EPS of $-0.35 versus an estimate of $-0.34.

Revenue was down $9.91 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 12.44% drop in the share price the next day.

Here's a look at Adaptive Biotechnologies's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.33	-0.38	-0.35	-0.37
EPS Actual	-0.33	-0.40	-0.28	-0.32
Revenue Estimate	45.48M	36.81M	55.27M	48.67M
Revenue Actual	48.93M	37.65M	55.20M	47.83M

To track all earnings releases for Adaptive Biotechnologies visit their earnings calendar here.

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