OmniAb Inc reports results for the quarter ended in March - Earnings Summary

OmniAB

11/05/2023 14:32

* OmniAb Inc  OABI.OQ  reported a quarterly adjusted loss
of 8
cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for a loss
of 3 cents per share.
    * Revenue was $16.92 million​; analysts expected $18.98
million. 
    * OmniAb Inc's reported EPS for the quarter was a loss of 8
cents​.
    * The mean earnings estimate of analysts had risen by
about 10.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * OmniAb Inc shares had fallen by 10.3% this quarter and
lost 8.3%
so far this year.
    * The company reported a quarterly loss of $6.1 million.
    * Wall Street's median 12-month price target for OmniAb Inc
is
$10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
11 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.03          -0.08          Missed
 Dec. 31 2022      0.02           0.07           Beat