ImmunoPrecise Antibodies Ltd. (IPA) Reports Q2 Loss, Misses Revenue Estimates
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ImmunoPrecise Antibodies Ltd. (IPA) reported a Q2 loss of $0.07 per share, missing the Zacks Consensus Estimate of a $0.05 loss.
December 10, 2024 | 4:00 pm
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ImmunoPrecise Antibodies Ltd. reported a Q2 loss of $0.07 per share, which is worse than the expected loss of $0.05 per share according to Zacks Consensus Estimate.
The reported loss per share of $0.07 is worse than the expected $0.05, indicating a negative earnings surprise. This is likely to put downward pressure on the stock price in the short term as investors react to the earnings miss.
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