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AbCellera Biologics Q2 2024 Earnings Report

AbCellera Biologics logo
$2.81 +0.02 (+0.72%)
(As of 12:39 PM ET)

AbCellera Biologics EPS Results

Actual EPS
-$0.13
Consensus EPS
-$0.15
Beat/Miss
Beat by +$0.02
One Year Ago EPS
-$0.11

AbCellera Biologics Revenue Results

Actual Revenue
$7.30 million
Expected Revenue
$10.12 million
Beat/Miss
Missed by -$2.82 million
YoY Revenue Growth
-27.70%

AbCellera Biologics Announcement Details

Quarter
Q2 2024
Time
After Market Closes

Conference Call Resources

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AbCellera Biologics Earnings Headlines

AbCellera Biologics (NASDAQ:ABCL) Shares Gap Up - Still a Buy?
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About AbCellera Biologics

AbCellera Biologics (NASDAQ:ABCL) builds an engine for antibody drug discovery and development. Its engine discovers antibodies from natural immune responses, which are pre-enriched for antibodies. The company's preclinical products are ABCL635 for metabolic and endocrine conditions; and ABCL575 for atopic dermatitis. It has a research collaboration and license agreement with Eli Lilly and Company; a research collaboration with Confo Therapeutics for the discovery of therapeutic antibody candidates targeting two undisclosed GPCR targets; and strategic collaboration with Biogen Inc. to discover therapeutic antibodies for neurological conditions, as well as collaboration with Viking Global Investors and ArrowMark Partners. The company was incorporated in 2012 and is headquartered in Vancouver, Canada.

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