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Stock impact report

Iovance Biotherapeutics (IOVA) Down 6.9% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]

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: Yahoo! Finance
Will the recent negative trend continue leading up to its next earnings release, or is Iovance Biotherapeutics due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Q4 Earnings & Sales Fall Short of Estimates Iovance incurred a loss of 45 cents per share in fourth-quarter 2023, wider than the Zacks Consensus Estimate of a loss of 44 cents. In the year-ago quarter, the company reported a loss of 64 cents. During the quarter, the company generated total revenues of $0.5 million — entirely from product sales of Proleukin (aldesleukin). The reported sales missed the Zacks Consensus Estimate of $1.3 million. In the year-ago quarter, Iovance did not record any revenues. Quarter in Detail Research & development (R&D) expenses were $87.5 million, up 9% from the year-ago quarter's levels. The upside was caused by growth of the i Show less Read more
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