Investing.com - Absci reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Absci announced earnings per share of $-0.30 on revenue of $2.37M. Analysts polled by Investing.com anticipated EPS of $-0.29 on revenue of $1.83M.
Absci shares are down 28.9% from the beginning of the year , still down 81.35% from its 52 week high of $17.00 set on Tuesday, November 9, 2021.
Absci shares gained 3.26% in intra-day trade the report.
Absci follows other major Healthcare sector earnings this month
Absci's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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