Intellia Therapeutics Q1 2024 GAAP EPS $(1.12) Beats $(1.39) Estimate, Sales $28.935M Beat $11.504M Estimate
Portfolio Pulse from Benzinga Newsdesk
Intellia Therapeutics reported its Q1 2024 earnings with a GAAP EPS of $(1.12), surpassing the $(1.39) estimate. Sales reached $28.935M, significantly beating the $11.504M estimate.

May 09, 2024 | 11:32 am
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POSITIVE IMPACT
Intellia Therapeutics exceeded Q1 2024 earnings and sales estimates, with a GAAP EPS of $(1.12) and sales of $28.935M.
Beating both earnings and sales estimates significantly indicates strong financial health and operational efficiency. This outperformance, especially in sales, suggests that Intellia Therapeutics is growing its market share and executing its business strategy effectively. Such positive results are likely to instill investor confidence, potentially leading to a short-term uptick in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100