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Arcellx Q1 2023 Earnings Report

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$58.37 -4.07 (-6.52%)
As of 01:19 PM Eastern
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Arcellx EPS Results

Actual EPS
-$0.58
Consensus EPS
$2.52
Beat/Miss
Missed by -$3.10
One Year Ago EPS
N/A

Arcellx Revenue Results

Actual Revenue
$17.91 million
Expected Revenue
$129.50 million
Beat/Miss
Missed by -$111.59 million
YoY Revenue Growth
N/A

Arcellx Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

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Arcellx Earnings Headlines

EU’s Action Takes Aim At US Retirees
Trump's Return Sparks Massive Gold Rush—Is Your 401(k) Ready for the Fallout? With President Trump back and global powers like China, Russia, and even Europe rapidly moving away from the U.S. dollar, central banks and financial giants are frantically buying gold at historic rates. This massive shift threatens your retirement savings with inflation and market instability—potentially worse than 2008. But you can protect yourself today by leveraging a little-known IRS loophole that lets you diversify your IRA or 401(k) into gold—tax-free and penalty-free.
Arcellx Impressive Safety Data Leaves Doubts
ACLX June 20th Options Begin Trading
Stifel Nicolaus Reaffirms Their Buy Rating on Arcellx Inc (ACLX)
See More Arcellx Headlines
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About Arcellx

Arcellx (NASDAQ:ACLX), together with its subsidiary, engages in the development of various immunotherapies for patients with cancer and other incurable diseases in the United States. The company's lead ddCAR product candidate is anitocabtagene autoleucel, which is in phase 2 clinical trial for the treatment of patients with relapsed or refractory multiple myeloma (rrMM). It also develops ACLX-001, a product candidate in Phase 1 clinical trials targeting BCMA to treat rrMM; and ACLX-002, which is in Phase 1 clinical trials that targets CD123 for treating relapsed or refractory acute myeloid leukemia (AML) and myelodysplastic syndrome (MDS). In addition, the company's preclinical product includes ACLX-003 for the treatment of AML and MDS. Further, it focuses on the development of product candidates for solid tumor programs. It has a strategic alliance with Kite Pharma, Inc. to co-develop and co-commercialize anitocabtagene autoleucel. The company was formerly known as Encarta Therapeutics, Inc. and changed its name to Arcellx, Inc. in January 2016. Arcellx, Inc. was incorporated in 2014 and is headquartered in Redwood City, California.

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