Alector (NASDAQ:ALEC) reported quarterly losses of $(0.30) per share which beat the analyst consensus estimate of $(0.43) by 29.91 percent. This is a 25 percent increase over losses of $(0.40) per share from the same period last year. The company reported quarterly sales of $7.900 million which beat the analyst consensus estimate of $2.750 million by 187.27 percent. This is a 47.62 percent decrease over sales of $15.083 million the same period last year.