AnaptysBio Q4 Swings to Profit, Revenue Rises

MT Newswires Live

03/04

AnaptysBio (ANAB) reported Q4 earnings late Tuesday of $1.58 per diluted share, swinging from a loss of $0.72 a year earlier.

Analysts polled by FactSet expected $0.86.

Collaboration revenue for the quarter ended Dec. 31 was $108.2 million, up from $43.1 million a year earlier.

Analysts surveyed by FactSet expected $87 million.

The company also stated its spin-off of biopharma operations into a public company is on track for Q2, potentially as soon as late-April.

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