OmniAb reports Q2 EPS (15c), consensus (15c)

Reports Q2 revenue $3.9M, consensus $5.3M. “Our business is performing very well as we continued our momentum in partner additions in the second quarter, reaching 100 active partners. This is a testament to the strength of our innovative technology platform and to our team’s execution, and puts us on pace for one of our strongest years ever in partner adds. Additionally, a recent further streamlining of our operations enhances the scalability and long-term value of our business,” said Matt Foehr, Chief Executive Officer of OmniAb (OABI). “Our recent launch of the xPloration(R) Partner Access Program demonstrates our commitment to innovation, customer service and value creation. We are excited about this new offering for our partners and for its potential to expand and diversify our revenue streams.”