05:31 PM EDT, 03/20/2024 (MT Newswires) -- OmniAb ( OABI ) reported Q4 net loss late Wednesday of $0.14 per diluted share, compared with earnings of $0.07 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.15 per share.

Revenue for the quarter ended Dec. 31 was $4.8 million, down from $35.3 million a year earlier.

Analysts surveyed by Capital IQ expected $7.5 million.

Shares of OmniAb ( OABI ) were up 1.3% in after-hours activity.

Price: 5.49, Change: +0.07, Percent Change: +1.29