CytomX Therapeutics: Q1 Earnings Insights

CytomX Therapeutics (NASDAQ:CTMX) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:15 PM. Here’s what…

CytomX Therapeutics (NASDAQ:CTMX) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:15 PM.

Here’s what investors need to know about the announcement.

Earnings

CytomX Therapeutics beat estimated earnings by 54.55%, reporting an EPS of $-0.05 versus an estimate of $-0.11.

Revenue was up $6.36 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.18 which was followed by a 15.08% drop in the share price the next day.

Here’s a look at CytomX Therapeutics’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.24 -0.31 -0.36 -0.36
EPS Actual -0.42 -0.35 -0.37 -0.37
Revenue Estimate 17.85M 17.94M 17.90M 20.66M
Revenue Actual 946K 16.91M 18.16M 17.14M

To track all earnings releases for CytomX Therapeutics visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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