Recap: Omega Therapeutics Q3 Earnings

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Omega Therapeutics OMGA reported its Q3 earnings results on Thursday, November 9, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Omega Therapeutics beat estimated earnings by 24.53%, reporting an EPS of $-0.4 versus an estimate of $-0.53.

Revenue was up $236 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 2.42% increase in the share price the next day.

Here's a look at Omega Therapeutics's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.51 -0.6 -0.63 -0.62
EPS Actual -0.54 -0.5 -0.64 -0.54
Revenue Estimate 450K 260K 260K 100K
Revenue Actual 759K 516K 735K 595K

** Listen to the earnings announcement yourself by clicking here. **

To track all earnings releases for Omega Therapeutics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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