Omega Therapeutics (NASDAQ:OMGA) 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
Omega Therapeutics beat estimated earnings by 24.53%, reporting an EPS of $-0.4 versus an estimate of $-0.53.
Revenue was up $236 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 2.42% increase in the share price the next day.
Here’s a look at Omega Therapeutics’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.51 | -0.6 | -0.63 | -0.62 |
| EPS Actual | -0.54 | -0.5 | -0.64 | -0.54 |
| Revenue Estimate | 450K | 260K | 260K | 100K |
| Revenue Actual | 759K | 516K | 735K | 595K |
** Listen to the earnings announcement yourself by clicking here. **
To track all earnings releases for Omega Therapeutics visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
