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NASDAQ:ALEC

Alector Q3 2024 Earnings Report

Alector logo
$1.30 +0.08 (+6.56%)
Closing price 05/2/2025 04:00 PM Eastern
Extended Trading
$1.15 -0.15 (-11.46%)
As of 08:30 AM Eastern
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Alector EPS Results

Actual EPS
-$0.43
Consensus EPS
-$0.53
Beat/Miss
Beat by +$0.10
One Year Ago EPS
N/A

Alector Revenue Results

Actual Revenue
$15.34 million
Expected Revenue
$16.33 million
Beat/Miss
Missed by -$990.00 thousand
YoY Revenue Growth
N/A

Alector Announcement Details

Quarter
Q3 2024
Time
After Market Closes
Conference Call Date
Wednesday, November 6, 2024
Conference Call Time
4:00PM ET

Upcoming Earnings

Alector's Q1 2025 earnings is scheduled for Tuesday, May 6, 2025, with a conference call scheduled on Friday, May 9, 2025 at 4:00 PM ET. Check back for transcripts, audio, and key financial metrics as they become available.

Alector Earnings Headlines

Analysts Set Alector, Inc. (NASDAQ:ALEC) Price Target at $3.50
Alector completes enrollment in PROGRESS-AD Phase 2 trial of AL01
Here’s How to Claim Your Stake in Elon’s Private Company, xAI
I predict this single breakthrough could make Elon the world’s first trillionaire — and mint more new millionaires than any tech advance in history. And for a limited time, you have the chance to claim a stake in this project, even though it’s housed inside Elon’s private company, xAI.
Alector Provides Executive Leadership Update
See More Alector Headlines
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About Alector

Alector (NASDAQ:ALEC), a clinical stage biopharmaceutical company, develops therapies for the treatment of neurodegeneration diseases. Its products include AL001, an immune activity in the brain with genetic links to multiple neurodegenerative disorders, which is in Phase III clinical trial for the treatment of frontotemporal dementia, Alzheimer's, Parkinson's, and amyotrophic lateral sclerosis diseases; and AL101 that is in Phase I clinical trial for the treatment of neurodegenerative diseases, including Alzheimer's and Parkinson's diseases. The company also offers AL002, a product candidate that is in Phase II clinical trial for the treatment of Alzheimer's disease. Alector, Inc. has a collaboration agreement with Adimab, LLC for the research and development of antibodies; and a strategic collaboration agreement with GlaxoSmithKline plc for the development and commercialization of monoclonal antibodies, such as AL001 and AL101 to treat neurodegenerative diseases. The company was founded in 2013 and is headquartered in South San Francisco, California.

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