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Stock impact report

OmniAb Second Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]

OmniAb, Inc. (OABI) 
Company Research Source: Yahoo! Finance
Net loss: US$13.6m (loss narrowed by 7.4% from 2Q 2023). US$0.13 loss per share (improved from US$0.15 loss in 2Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period OmniAb Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 32%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Looking ahead, revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Life Sciences industry in the US. Performance of the American Life Sciences industry. The company's shares are down 3.9% from a week ago. Risk Analysis You still need to take note of risks, for example - OmniAb has 1 warning sign we think you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary Show less Read more
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