Recap: Gamida Cell Q3 Earnings
Portfolio Pulse from Benzinga Insights
Gamida Cell (NASDAQ:GMDA) reported Q3 earnings with an EPS of $-0.01, beating estimates by 94.12% against an expected $-0.17. Revenue increased by $673 thousand compared to the same period last year. Previously, a miss on EPS resulted in a 2.34% share price drop the following day.
November 14, 2023 | 12:05 pm
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Gamida Cell reported a strong Q3 earnings beat with an EPS of $-0.01, far exceeding the estimated $-0.17. Revenue increased year-over-year, indicating potential growth.
The significant earnings beat and revenue increase are likely to be viewed positively by investors, potentially leading to a short-term increase in stock price. Historical data shows that the stock price dropped after a previous earnings miss, suggesting sensitivity to earnings performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100