OmniAb Q2 EPS $(0.15) Misses $(0.12) Estimate, Sales $6.90M
Portfolio Pulse from Benzinga Newsdesk
OmniAb (NASDAQ:OABI) reported Q2 losses of $(0.15) per share, missing the analyst consensus estimate of $(0.12) by 25 percent. The company reported $6.90 million in sales this quarter.
August 10, 2023 | 8:08 pm
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NEGATIVE IMPACT
OmniAb's Q2 earnings per share (EPS) of $(0.15) missed the analyst consensus estimate by 25 percent, which could negatively impact the stock price.
OmniAb's Q2 earnings per share (EPS) of $(0.15) missed the analyst consensus estimate by 25 percent. This underperformance could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100