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0 0.00160513643659708 -0.00321027287319415 -0.00160513643659708 -0.0129373996789726 -0.0353130016051364 -0.0240770465489567 -0.0353130016051364
Stock impact report

Allogene's Q3 Loss Narrower Than Expected, Sales Nil [Yahoo! Finance]

Allogene Therapeutics, Inc. (ALLO) 
Last allogene therapeutics, inc. earnings: 2/27 04:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Inclusive of impairment charges, the company posted a loss of 32 cents per share in the quarter. In the year-ago period, the company reported a loss of 37 cents. There was no impairment charge in the year-ago period. Allogene did not generate revenues during the reported quarter. The Zacks Consensus Estimate for third-quarter sales was pegged at $0.04 million. In the year-ago period, management recorded revenues of $0.02 million. Year to date, shares of Allogene have lost 0.6% compared with the industry's 2.4% decline. Image Source: Zacks Investment Research Research & development (R&D) expenses totaled $44.7 million, down 3% from the year-ago quarter's level. General and administrative (G&A) expenses declined 4% year over year to $16.3 million. As of Sept. 30, 2024, Allogene had $403.4 million of cash, cash equivalents and investments, compared with $444.6 million as of June 30, 2024. Management claims that this cash will help the company extend its cash runway into the Show less Read more
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