Arcellx, based in Redwood City, California, focuses on innovative immunotherapies for cancer, with its lead product, CART-ddBCMA, in pivotal Phase II trials for multiple myeloma. The company also develops two clinical-stage programs targeting BCMA and CD123 in various blood cancers.
Arcellx (ACLX) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Arcellx's actual EPS was -$0.99, beating the estimate of -$1.08 per share, resulting in a 8.44% surprise.
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