Analysis of Precigen's 2023 Financial Performance: Q4 GAAP EPS Falls Short, Revenue Surpasses Expectations
Tuesday, 19 March 2024, 20:09
Precigen's 2023 Financial Results
In a recent update, Precigen revealed its financial performance for 2023, highlighting the results of Q4 earnings. The company reported a GAAP EPS figure that fell short of expectations, while its revenue exceeded forecasts by a significant margin.
Key Points:
- Q4 GAAP EPS: The earnings per share for the fourth quarter missed estimates by $0.31.
- Revenue Performance: Despite the earnings setback, Precigen managed to beat revenue expectations by $4.53M.
Overall, the financial results for 2023 reflected a mixed performance for Precigen, with the company facing challenges in EPS but showcasing strength in revenue generation.
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.