Benzinga | Feb 24, 2021 05:32PM EST

Adaptive Biotechnologies: Q4 Earnings Insights

Shares of Adaptive Biotechnologies (NASDAQ:ADPT) fell in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share decreased 94.12% year over year to ($0.33), which missed the estimate of ($0.29).

Revenue of $30,185,000 higher by 24.69% year over year, which beat the estimate of $26,900,000.

Guidance

Adaptive Biotechnologies hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Feb 24, 2021

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/y7tyzac4

Recent Stock Performance

Company's 52-week high was at $71.25

52-week low: $15.19

Price action over last quarter: Up 12.44%

Company Description

Adaptive Biotechnologies Corp is a commercial-stage company advancing the field of immune-driven medicine by harnessing the inherent biology of the adaptive immune system to transform the diagnosis and treatment of disease. Its clinical diagnostic product, clonoSEQ, is test authorized by the FDA for the detection and monitoring of minimal residual disease in patients with select blood cancers.