Pacific Biosciences of California (PACB) Reports Q2 Loss, Lags Revenue Estimates
PACBPacific Biosciences of California(PACB) ZACKS·2024-08-08 08:16

Pacific Biosciences of California (PACB) came out with a quarterly loss of 0.20pershareversustheZacksConsensusEstimateofalossof0.20 per share versus the Zacks Consensus Estimate of a loss of 0.24. This compares to loss of 0.26pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof16.670.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this maker of genetic analysis technology would post a loss of 0.26 per share when it actually produced a loss of $0.26, delivering no surprise.Over the last f ...