Arcellx, Inc. (ACLX) Reports Q3 Loss, Lags Revenue Estimates
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Arcellx, Inc. (ACLX) reported a Q3 loss of $0.48 per share, which was better than the Zacks Consensus Estimate of a $0.54 loss. However, the company lagged in revenue estimates.
November 07, 2024 | 11:30 pm
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Arcellx, Inc. reported a Q3 loss of $0.48 per share, better than expected but missed revenue estimates. This could lead to mixed reactions in the stock market.
The better-than-expected EPS loss of $0.48 compared to the estimate of $0.54 is a positive sign, but missing revenue estimates could offset this positivity. Investors may have mixed reactions, leading to a neutral short-term impact on the stock price.
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