2seventy bio: Q3 Earnings Insights

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2seventy bio TSVT reported its Q3 earnings results on Tuesday, November 14, 2023 at 07:00 AM.

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

Earnings

2seventy bio missed estimated earnings by 3.09%, reporting an EPS of $-1.0 versus an estimate of $-0.97.

Revenue was down $1.37 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.32 which was followed by a 4.98% increase in the share price the next day.

Here's a look at 2seventy bio's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -1.15 -1.22 -1.61 -1.80
EPS Actual -0.83 -1.08 -0.60 -1.76
Revenue Estimate 36.88M 22.30M 15.52M 12.36M
Revenue Actual 36.05M 41.62M 56.18M 13.41M

To track all earnings releases for 2seventy bio visit their earnings calendar here.

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

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