XOMA Q2 2024 GAAP EPS $0.84 Beats $(0.27) Estimate, Sales $11.086M Beat $8.377M Estimate
Portfolio Pulse from Benzinga Newsdesk
XOMA Corporation reported its Q2 2024 financial results, with GAAP EPS of $0.84, significantly beating the estimated loss of $(0.27). Additionally, sales reached $11.086 million, surpassing the $8.377 million estimate.
August 13, 2024 | 11:36 am
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XOMA Corporation's Q2 2024 financial results exceeded expectations with a GAAP EPS of $0.84 and sales of $11.086 million, both significantly beating estimates.
The significant beat on both EPS and sales estimates is likely to positively impact XOMA's stock price in the short term as it indicates strong financial performance and potential for future growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100