Cellectis Q4 2023 GAAP EPS $(0.64) Misses $(0.26) Estimate, Sales $1.990M Miss $16.263M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cellectis (NASDAQ:CLLS) reported Q4 2023 GAAP EPS of $(0.64), missing the $(0.26) estimate, with sales of $1.990M also missing the $16.263M estimate, marking an 88.51% decrease from the same period last year.

April 29, 2024 | 8:49 pm
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Cellectis reported a significant miss in both EPS and sales for Q4 2023, with an 88.51% decrease in sales compared to the same period last year.
The substantial miss in both earnings per share and sales, coupled with a significant year-over-year decrease in sales, is likely to negatively impact investor sentiment and the stock price of Cellectis in the short term. The magnitude of the miss and the comparison to last year's performance highlight operational and possibly market challenges the company is facing, which could lead to decreased investor confidence.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100