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Alector Q2 2024 Earnings Report

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$1.29 -0.04 (-3.01%)
As of 03/28/2025 04:00 PM Eastern

Alector EPS Results

Actual EPS
-$0.40
Consensus EPS
-$0.49
Beat/Miss
Beat by +$0.09
One Year Ago EPS
$0.02

Alector Revenue Results

Actual Revenue
$15.08 million
Expected Revenue
$16.04 million
Beat/Miss
Missed by -$960.00 thousand
YoY Revenue Growth
N/A

Alector Announcement Details

Quarter
Q2 2024
Time
After Market Closes

Conference Call Resources

Conference Call Audio

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Alector Earnings Headlines

Alector Names Giacomo Salvadore as Incoming Medical Chief
Alector Provides Executive Leadership Update
New “Trump” currency proposed in DC
According to one of the most connected men in Washington… A surprising new bill was just introduced in Washington. Its purpose: to put Donald Trump’s face on the $100 note. All to celebrate a new “golden age” for America.
Alector to Cut 13% of Workforce
Alector assumed with an Underweight at Morgan Stanley
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About Alector

Alector (NASDAQ:ALEC), a clinical stage biopharmaceutical company, develops therapies for the treatment of neurodegeneration diseases. Its products include AL001, an immune activity in the brain with genetic links to multiple neurodegenerative disorders, which is in Phase III clinical trial for the treatment of frontotemporal dementia, Alzheimer's, Parkinson's, and amyotrophic lateral sclerosis diseases; and AL101 that is in Phase I clinical trial for the treatment of neurodegenerative diseases, including Alzheimer's and Parkinson's diseases. The company also offers AL002, a product candidate that is in Phase II clinical trial for the treatment of Alzheimer's disease. Alector, Inc. has a collaboration agreement with Adimab, LLC for the research and development of antibodies; and a strategic collaboration agreement with GlaxoSmithKline plc for the development and commercialization of monoclonal antibodies, such as AL001 and AL101 to treat neurodegenerative diseases. The company was founded in 2013 and is headquartered in South San Francisco, California.

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