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.

Earnings

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.

Past Earnings Performance

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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