Iovance Biotherapeutics (IOVA) Reports Q3 Loss, Tops Revenue Estimates
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Iovance Biotherapeutics (IOVA) reported a Q3 loss of $0.28 per share, which was better than the Zacks Consensus Estimate of a $0.31 loss. This is an improvement from the $0.46 loss per share reported a year ago.
November 08, 2024 | 12:00 am
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Iovance Biotherapeutics reported a Q3 loss of $0.28 per share, beating the Zacks Consensus Estimate of a $0.31 loss. This marks an improvement from the previous year's $0.46 loss per share.
The better-than-expected earnings report and improvement from the previous year suggest positive momentum for Iovance Biotherapeutics. This could lead to a short-term positive impact on the stock price as investors react to the earnings beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100