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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100