Alector (NASDAQ:ALEC) reported quarterly losses of $(0.41) per share which beat the analyst consensus estimate of $(0.48) by 14.58 percent. This is a 7.89 percent decrease over losses of $(0.38) per share from the same period last year. The company reported quarterly sales of $3.67 million which missed the analyst consensus estimate of $4.38 million by 16.05 percent. This is a 76.88 percent decrease over sales of $15.89 million the same period last year.