OmniAb, Inc. (OABI) Reports Q3 Loss, Lags Revenue Estimates
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OmniAb, Inc. (OABI) reported a Q3 loss of $0.16 per share, missing the Zacks Consensus Estimate of a $0.14 loss. This is consistent with the loss reported a year ago.
November 13, 2024 | 12:30 am
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NEGATIVE IMPACT
OmniAb, Inc. reported a Q3 loss of $0.16 per share, which was worse than the expected loss of $0.14 per share. This could negatively impact the stock price in the short term.
The reported loss per share was worse than the consensus estimate, which typically leads to a negative reaction in the stock market. The consistency with last year's loss may not provide enough positive sentiment to offset the miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100