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Stock impact report

OmniAb Reports First Quarter 2024 Financial Results and Business Highlights [Yahoo! Finance]

Immunovant, Inc. (IMVT) 
Company Research Source: Yahoo! Finance
EMERYVILLE, Calif., May 09, 2024 BUSINESS WIRE OmniAb, Inc. (NASDAQ: OABI) today reported financial results for the three months ended March 31, 2024, and provided operating and partner program updates. "The OmniAb team continued to make great progress this past quarter in advancing and expanding our portfolio and partnership base. We added three new platform license agreements in the first quarter, bringing our total active partners to 80, net of attrition," said Matt Foehr, Chief Executive Officer of OmniAb. "We have built our company upon a differentiated suite of technologies and a highly scalable and leverageable business model, and our growth during the past 18 months reflects the strength of our offering to the industry. We're off to a strong start in 2024 and we look forward to continued progress by our partners and expansion of our technology as the year progresses." First Quarter 2024 Financial Results Revenue for the first quarter of 2024 was $3.8 million, compared w Show less Read more
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