CytomX Therapeutics (CTMX) Q3 Earnings and Revenues Top Estimates
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CytomX Therapeutics (CTMX) reported Q3 earnings of $0.07 per share, surpassing the Zacks Consensus Estimate of a loss of $0.16 per share. This marks an improvement from $0.04 per share a year ago.
November 08, 2024 | 12:15 am
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CytomX Therapeutics reported better-than-expected Q3 earnings of $0.07 per share, beating estimates of a $0.16 loss, and improving from $0.04 per share last year.
The better-than-expected earnings report is likely to positively impact CTMX's stock price in the short term. Surpassing earnings estimates and showing year-over-year improvement are strong indicators of financial health, which can boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100