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NASDAQ:RXRX

Recursion Pharmaceuticals Q3 2024 Earnings Report

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$4.00 +0.04 (+0.88%)
As of 10:07 AM Eastern
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Recursion Pharmaceuticals EPS Results

Actual EPS
-$0.34
Consensus EPS
-$0.33
Beat/Miss
Missed by -$0.01
One Year Ago EPS
-$0.43

Recursion Pharmaceuticals Revenue Results

Actual Revenue
$26.08 million
Expected Revenue
$12.62 million
Beat/Miss
Beat by +$13.46 million
YoY Revenue Growth
+147.60%

Recursion Pharmaceuticals Announcement Details

Quarter
Q3 2024
Time
After Market Closes
Conference Call Date
Wednesday, November 6, 2024
Conference Call Time
2:30AM ET

Upcoming Earnings

Recursion Pharmaceuticals' Q3 2026 earnings is estimated for Wednesday, November 4, 2026, based on past reporting schedules, with a conference call scheduled at 8:00 AM ET. Check back for transcripts, audio, and key financial metrics as they become available.

Recursion Pharmaceuticals Earnings Headlines

Is Recursion Pharmaceuticals (RXRX) A Bargain As Its Shares Rebound?
China's dominance in rare earth processing sparks new defense rules
On January 1, 2027, new Pentagon rules tighten sourcing restrictions on critical minerals tied to foreign adversaries. China controls more than 90% of global rare earth processing capacity, while the U.S. imports 100% of its titanium sponge. SAGA Metals has drilled more than 23,000 meters at its Radar project, with all 92 drill holes intersecting mineralization. A maiden mineral resource estimate is expected in Q4 2026, alongside ongoing drilling at the Wolverine heavy rare earth project.tc pixel
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About Recursion Pharmaceuticals

Recursion Pharmaceuticals (NASDAQ:RXRX) (NASDAQ: RXRX) is a biotechnology company that uses artificial intelligence, automation, and large-scale biological experimentation to accelerate the discovery and development of medicines. Its technology platform, known as the Recursion Operating System, integrates data from biology, chemistry, imaging, and machine learning to identify potential drug candidates and better understand disease biology.

The company develops therapies for areas including oncology, rare diseases, and neurological disorders. Its pipeline has included investigational treatments such as REC-994 for cerebral cavernous malformation and REC-4881 for familial adenomatous polyposis, while its discovery platform is also used to evaluate additional programs and potential drug targets. Recursion works independently and through collaborations with pharmaceutical and biotechnology companies.

Founded in 2013 and headquartered in Salt Lake City, Utah, Recursion has built an international technology and research presence. In 2024, the company completed a combination with Exscientia, another artificial intelligence-focused drug discovery company, expanding its capabilities in computational chemistry and therapeutic design. Recursion is led by co-founder and Chief Executive Officer Chris Gibson.

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