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-0.00251908396946554 -0.00202290076335881 0 0.00381679389312986 -0.00190839694656484 -0.00572519083969453 0.00381679389312986 -0.0190839694656488
Stock impact report

Iovance Biotherapeutics: Base-Case Q3 Report Keeps 'Show Me' Mode [Seeking Alpha]

Iovance Biotherapeutics, Inc. (IOVA) 
Last iovance biotherapeutics, inc. earnings: 2/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: iovance.com
Company Research Source: Seeking Alpha
Q3 revenue landed in the base case at $68 million, missing estimates, while gross margin improved to 29.6% (=30% adjusted for D&A). Management reaffirmed FY25 revenue guidance and extended cash runway to Q2 2027, but execution and credibility issues persist. Near-term upside is capped; IOVA needs two quarters of =$75M revenue and =35% gross margin (ex-D&A) to reconsider the rating. yuriz/iStock via Getty Images Stock Rally Meets A “Show Me” Setup Iovance Biotherapeutics' stock ( IOVA ) rallied after reporting Q3 earnings. My last assessment of IOVA followed its Q2 earnings report, which featured “weak” gross margins and a recent $350 million ATM equity program This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for i Show less Read more
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