EarningsAbCellera reported financial results which were below estimates, with a wide EPS miss due to a significant non-cash R&D impairment charge.
Research And DevelopmentResearch fees are likely to decline as the company shifts focus to internal pipeline and co-development programs, potentially impacting short-term revenue growth.
RevenueRevenue of $6.5M fell below expectations, with no milestones achieved during the quarter, highlighting challenges in meeting financial targets.