Ikena Oncology (NASDAQ:IKNA) 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
Ikena Oncology beat estimated earnings by 6.98%, reporting an EPS of $-0.4 versus an estimate of $-0.43.
Revenue was down $5.22 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 5.29% drop in the share price the next day.
Here's a look at Ikena Oncology's past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.47 | -0.47 | -0.48 | -0.49 |
| EPS Actual | -0.44 | -0.39 | -0.39 | -0.48 |
| Revenue Estimate | 3.08M | 4.61M | 6.02M | 4.32M |
| Revenue Actual | 2.00M | 5.31M | 5.45M | 6.40M |
** Listen to the earnings announcement yourself by clicking here. **
To track all earnings releases for Ikena Oncology visit their earnings calendar here.
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