Exscientia Posts Better-Than-Expected GAAP EPS but Misses Revenue Outlook

Thursday, 21 March 2024, 20:22

Exscientia exceeded analysts' expectations with a GAAP EPS of -$0.42, surpassing estimates by $0.91. However, the company fell short on revenue, reporting $3.1M instead of the expected $46.6M. This mixed performance indicates strengths in profitability but challenges in generating revenue.

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Exscientia Reports FY Update

Exscientia announced its financial results for the fiscal year, showcasing a positive GAAP EPS of -$0.42 that exceeded expectations by $0.91. However, the company faced a revenue miss of $43.5M, closing the year at $3.1M.

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Exscientia Reports FY Update

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