Financial PerformanceAbCellera's financial results for the third quarter fell below estimates, with significant earnings per share miss attributed to a substantial non-cash R&D impairment charge.
Future Revenue ConcernsAnalysts have reduced projections for future research fees and milestones due to limited visibility, suggesting potential challenges in revenue growth.
Revenue DeclineThe company's third-quarter revenue of $6.5 million did not meet expectations, and no new milestones were achieved during this period.