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Inhibrx (NASDAQ:INBX) Releases Earnings Results, Misses Expectations By $0.21 EPS

Inhibrx logo with Medical background
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Inhibrx (NASDAQ:INBX - Get Free Report) announced its earnings results on Monday. The company reported ($3.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($2.88) by ($0.21), Zacks reports. The firm had revenue of $0.10 million for the quarter.

Inhibrx Trading Down 1.1 %

Shares of Inhibrx stock opened at $13.94 on Tuesday. Inhibrx has a 12-month low of $10.80 and a 12-month high of $35.42. The firm's 50-day moving average price is $13.33 and its two-hundred day moving average price is $14.67.

Analyst Ratings Changes

Separately, JMP Securities reissued a "market perform" rating on shares of Inhibrx in a report on Wednesday, January 22nd.

Get Our Latest Research Report on Inhibrx

Inhibrx Company Profile

(Get Free Report)

Inhibrx, Inc, a clinical-stage biopharmaceutical company, develops a pipeline of novel biologic therapeutic candidates. The company's therapeutic candidate includes INBRX-101, an alpha-1 antitrypsin (AAT)-Fc fusion protein therapeutic candidate, which is in Phase 1 clinical trials for use in the treatment of patients with AAT deficiency.

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Earnings History for Inhibrx (NASDAQ:INBX)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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