OmniAb Q3 revenue falls 48% to $2.2M; net loss $0.14; raises FY revenue guidance to $18-22M

OmniAb, Inc.

2025-Q3 EPS reported -$0.46 revenue$10,290,000

Revenue $2.2M vs $4.2M in Q3 2024, driven by lower milestones and service revenue from discontinued ion channel programs.
Net loss $16.5M ($0.14/share), nearly flat vs $16.4M loss in prior year; nine-month loss $50.6M.
Raised $30M via private placement in August; cash & equivalents $59.5M as of Sep 30.
FY 2025 guidance: revenue $18-22M, operating expense $82-86M, year-end cash $52-56M; 0% tax rate.
New partners A*Star, University of Leeds, Dana-Farber; OmniUltra platform launch expected Dec 2025.

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