Why Aceto Corporation's Shares Plunged 17% Today [The Motley Fool]
Adicet Bio, Inc. (ACET)
Last adicet bio, inc. earnings: 5/3 05:00 pm
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US:NASDAQ Investor Relations:
aceto.com/ir/index.html
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Source: The Motley Fool
Weaker-than-expected guidance didn't leave investors with much reason to buy Aceto Corporation's shares today. Travis Hoium ( TMFFlushDraw ) Feb 2, 2018 at 12:17PM What happened Shares of Aceto Corporation ( NASDAQ:ACET ) tumbled as much as 26.8% in trading Friday after the company reported fiscal second-quarter earnings. At 10:40 a.m. EST, the stock is bouncing near its low, down 26.1% on the day. So what Quarterly revenue was up 36.4% to $171.2 million but net loss ballooned from $0.6 million a year ago to $13.9 million, or $0.39 per share. Adjusting for a tax loss from the December tax bill, adjusted net income was up 4.7% to $7.6 million, or $0.22 per share. Image source: Getty Images. Revenue was in line with analyst estimates but earnings were a penny short of their forecast. Even more concerning is that full-year guidance o
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ACET
News
- Adicet Bio Reports Inducement Grant under Nasdaq Listing Rule 5635(c)(4)Business Wire
- Adicet Bio, Inc. (NASDAQ: ACET) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $5.00 price target on the stock.MarketBeat
- Adicet Bio Highlights Preclinical Data Supporting IND Readiness for ADI-270 in an Oral Presentation at the American Society of Gene and Cell Therapy (ASGCT) 27th Annual Meeting [Yahoo! Finance]Yahoo! Finance
- Adicet Bio Highlights Preclinical Data Supporting IND Readiness for ADI-270 in an Oral Presentation at the American Society of Gene and Cell Therapy (ASGCT) 27th Annual MeetingBusiness Wire
- Adicet Bio to Participate in 2024 Canaccord Genuity Horizons in Oncology Virtual ConferenceBusiness Wire
ACET
Earnings
- 3/19/24 - Beat
ACET
Sec Filings
- 4/26/24 - Form DEFR14A
- 4/24/24 - Form ARS
- 4/23/24 - Form DEFA14A
- ACET's page on the SEC website