AbCellera Biologics Q1 Loss Narrows, Revenue Rises

MT Newswires Live

05/12

AbCellera Biologics (ABCL) reported Monday Q1 loss of $0.14 per diluted share, compared with a loss of $0.15 a year earlier.

Analysts polled by FactSet expected loss of $0.17.

Revenue for the quarter ended March 31 was $8.3 million, up from $4.2 million a year ago.

Analysts surveyed by FactSet expected $5.9 million.

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