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Stock impact report

OmniAb, Inc. (OABI) Reports Q3 Loss, Lags Revenue Estimates [Yahoo! Finance]

OmniAb, Inc. (OABI) 
Company Research Source: Yahoo! Finance
This compares to loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -14.29%. A quarter ago, it was expected that this company would post a loss of $0.18 per share when it actually produced a loss of $0.13, delivering a surprise of 27.78%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. OmniAb, Inc. , which belongs to the Zacks Medical - Drugs industry, posted revenues of $4.17 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 52.95%. This compares to year-ago revenues of $5.48 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. OmniAb, Inc. Shares have lost about 2 Show less Read more
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