Recap: Century Therapeutics Q3 Earnings

Century Therapeutics (NASDAQ:IPSC) reported its Q3 earnings results on Thursday, November 9, 2023 at 07:00 AM. Here’s what…

Century Therapeutics (NASDAQ:IPSC) reported its Q3 earnings results on Thursday, November 9, 2023 at 07:00 AM.

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

Earnings

Century Therapeutics missed estimated earnings by 7.84%, reporting an EPS of $-0.55 versus an estimate of $-0.51.

Revenue was down $2.08 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 4.91% drop in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.54 -0.52 -0.59 -0.59
EPS Actual -0.56 -0.53 -0.55 -0.53
Revenue Estimate 1.14M 1.31M 1.97M 1.13M
Revenue Actual 99K 1.72M 521K 2.22M

** Listen to the earnings announcement yourself by clicking here. **

To track all earnings releases for Century 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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