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Arcellx Q1 2024 Earnings Report

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$75.54 +0.33 (+0.44%)
(As of 12/20/2024 05:31 PM ET)

Arcellx EPS Results

Actual EPS
-$0.14
Consensus EPS
-$0.51
Beat/Miss
Beat by +$0.37
One Year Ago EPS
-$0.58

Arcellx Revenue Results

Actual Revenue
$39.26 million
Expected Revenue
$20.67 million
Beat/Miss
Beat by +$18.59 million
YoY Revenue Growth
+119.20%

Arcellx Announcement Details

Quarter
Q1 2024
Time
After Market Closes
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Arcellx Earnings Headlines

Arcellx, Inc. (NASDAQ:ACLX) Sees Large Growth in Short Interest
Nvidia’s Bold Move: Tackling Tech’s $1 Trillion Crisis
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
HC Wainwright Reiterates "Buy" Rating for Arcellx (NASDAQ:ACLX)
Arcellx (NASDAQ:ACLX) Shares Up 5.1% After Analyst Upgrade
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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