earnings
confidence high
sentiment negative
materiality 0.60
AbCellera Q3 net loss $21.4M ($0.08/share); revenue falls to $5.5M from $9.4M
AbCellera Biologics Inc.
2021-Q3 EPS reported
$0.29
revenue$235,872,000
- Total revenue $5.5M, down 41% from $9.4M in Q3 2020 due to lower milestone payments and bamlanivimab royalty pause.
- Net loss $21.4M ($0.08 loss per share) vs net loss $2.7M ($0.02 loss) in Q3 2020.
- Cumulative program starts 69, up 35% YoY; partners increased to 35; 5 molecules in the clinic.
- Acquired TetraGenetics to expand capabilities for high-value transmembrane protein targets.
- Post-quarter: Eli Lilly ordered 614K additional doses of bamlanivimab with etesevimab; shipments resumed.