earnings
confidence high
sentiment negative
materiality 0.75
AbCellera Q1 2023 revenue $12M, net loss $0.14 EPS vs $0.59 EPS profit in Q1 2022
AbCellera Biologics Inc.
2023-Q1 EPS reported
-$0.14
revenue$12,192,000
- Total revenue $12.2M, down from $316.6M in Q1 2022; net loss $40.1M vs net income $168.6M.
- EPS loss $0.14 basic/diluted versus EPS profit $0.59 basic/0.54 diluted a year ago.
- Partnered program starts reached 101 cumulative (up 20% YoY); 9 molecules in clinic (up from 6).
- R&D spending rose to $52.6M from $26.4M; cash and marketable securities $821.5M.
- Management highlighted T-cell engager platform progress; no guidance provided.