Alector Inc

NASDAQ:ALEC   4:00:00 PM EDT
9.27
+0.61 (+7.04%)
7:57:22 PM EDT: $9.29 +0.02 (+0.22%)
Earnings Announcements

Alector Reports Third Quarter 2022 Financial Results And Provides Business Update

Published: 11/08/2022 23:06 GMT
Alector Inc (ALEC) - Alector Reports Third Quarter 2022 Financial Results and Provides Business Update.
Alector - Qtrly Collaboration Revenue Was $14.9 Million, Compared to $182.4 Million.
Alector - Qtrly Loss per Share $0.56.
Q3 Earnings per Share View $-0.54, Revenue View $31.6 Million -- Refinitiv Ibes Data (analyst estimates).
Alector - Progressing Enrollment in Infront-3 Phase 3 Pivotal Study for Latozinemab (al001) and in Invoke-2 Phase 2 Study for Al002.
Alector - $758.3 Million in Cash, Cash Equivalents and Investments in Quarter, Provide Runway Through 2024.
Revenue is expected to be $30.16 Million
Adjusted EPS is expected to be -$0.46

Next Quarter Revenue Guidance is expected to be $18.35 Million
Next Quarter EPS Guidance is expected to be -$0.50

More details on our Analysts Page.