• Reported GAAP EPS of -$0.14 up 6.67% YoY • Reported revenue of $8.31M up 96.34% YoY
Bullish
AbCellera reported increased revenue and a reduced net loss, driven by positive ABCL635 clinical data advancing to Phase 2, while maintaining strong liquidity of $655M.
Bearish
AbCellera experienced a decrease in partner-led programs, an increase in net cash used in operating activities, and a shift to cash used in investing activities during Q1 2026.