Y-mAbs Therapeutics Misses Expectations in Latest Earnings Release

Monday, 12 August 2024, 10:43

Y-mAbs Therapeutics reported a **GAAP EPS of -$0.21**, falling **$0.06 short** of expectations. Additionally, their revenue of **$22.8 million** was also below estimates, missing by **$0.22 million**. Despite the earnings miss, the company continues its focus on developing innovative treatments and addressing unmet medical needs. Investors are advised to monitor the company's future performance and market strategies closely.
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Y-mAbs Therapeutics Misses Expectations in Latest Earnings Release

Y-mAbs Therapeutics Earnings Report Overview

Y-mAbs Therapeutics has released its latest earnings report, which reveals some disappointing figures for investors. The company's GAAP EPS was reported at -0.21, which is lower than the market expectation by 0.06.

Revenue Analysis

Additionally, Y-mAbs achieved a revenue of 22.8 million, falling short of the analysts' forecast by 0.22 million.

Conclusion

The results indicate challenges for the company as it strives to meet market expectations. Investors should keep an eye on Y-mAbs’ operations in the coming quarters.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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