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Omega Therapeutics Q1 2023 Earnings Report

Omega Therapeutics logo
$0.16 +0.01 (+3.83%)
As of 02/21/2025 04:00 PM Eastern

Omega Therapeutics EPS Results

Actual EPS
-$0.50
Consensus EPS
-$0.64
Beat/Miss
Beat by +$0.14
One Year Ago EPS
N/A

Omega Therapeutics Revenue Results

Actual Revenue
$0.52 million
Expected Revenue
$0.75 million
Beat/Miss
Missed by -$230.00 thousand
YoY Revenue Growth
N/A

Omega Therapeutics Announcement Details

Quarter
Q1 2023
Time
N/A

Omega Therapeutics Earnings Headlines

$5,000 DOGE check?
Elon Musk's DOGE agenda just took a very surprising turn... Earlier this week, reports emerged that a portion of the savings DOGE makes in Federal cuts could be funneled back to taxpayers. The media was quick to dub it a DOGE Dividend, with claims circulating that we could all receive a $5,000 check in the mail.
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About Omega Therapeutics

Omega Therapeutics (NASDAQ:OMGA) operates as a clinical-stage biotechnology company. The company's OMEGA platform enables control of fundamental epigenetic processes to correct the root cause of disease by restoring aberrant gene expression to a range without altering native nucleic acid sequences. It also develops OTX-2002 for hepatocellular carcinoma; OTX-2101 for non-small cell lung cancer; omega epigenomic controllers (OEC) for inflammatory lung diseases, such as neutrophilic asthma, acute respiratory distress syndrome, dermatological, oncology, and rheumatological indications; OEC candidates for idiopathic pulmonary fibrosis; liver regeneration medicines; and OEC candidates for patients with diabetes and other conditions to treat corneal epithelial injury. In addition, the company develops OEC candidates for the treatment of alopecia, a disorder characterized by patches of non-scarring hair loss affecting the scalp and body. Omega Therapeutics, Inc. was incorporated in 2016 and is headquartered in Cambridge, Massachusetts.

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