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OmniAb (NASDAQ:OABI) Posts Earnings Results, Beats Estimates By $0.07 EPS
['Latisha Jones']
Daily Political
The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.07, FiscalAI reports.
The business had revenue of $13.41 million for the quarter, compared to analyst estimates of $4.69 million.
OmniAb Price PerformanceOmniAb stock traded up $0.84 during midday trading on Friday, hitting $3.08.
Hedge funds and other institutional investors own 72.08% of the company’s stock.
One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock.