Adaptive Biotechnologies Corp reports results for the quarter ended June 30 - Earnings Summary
Adaptive Biotechnologies Corp reports results for the quarter ended June 30 - Earnings Summary
Adaptive Biotechnologies Corp ADPT.OQ reported a quarterly adjusted loss of 10 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -17 cents. The mean expectation of eight analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -15 cents to -11 cents per share.
Revenue rose 21.5% to $71.55 million from a year ago; analysts expected $65.89 million.
Adaptive Biotechnologies Corp's reported EPS for the quarter was a loss of 25 cents.
The company reported a quarterly loss of $39.79 million.
Adaptive Biotechnologies Corp shares had risen by 5.0% this quarter and gained 38.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.9% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is also "buy"
Wall Street's median 12-month price target for Adaptive Biotechnologies Corp is $21.00, about 7.2% below its last closing price of $22.52
This summary was machine generated from LSEG data July 29 at 10:45 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.13 | -0.10 | Beat |
Mar. 31 2026 | -0.16 | -0.12 | Beat |
Dec. 31 2025 | -0.18 | -0.09 | Beat |
Sep. 30 2025 | -0.15 | 0.06 | Beat |
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