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Recursion Pharmaceuticals Q3 2024 Earnings Results & Report

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$3.84 -0.17 (-4.24%)
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Recursion Pharmaceuticals missed analyst earnings expectations but beat on revenue in its Q3 2024 results, released November 6, 2024. The company reported EPS of -$0.34 versus the -$0.33 consensus estimate, while revenue of $26.08 million topped the $12.62 million estimate by $13.46 million. Revenue increased 147.6% year over year.

Earnings Announcement Details

Quarter
Q3 2024
Report Date
Time
After Market Closes
Conference Call
2:30 AM ET

Recursion Pharmaceuticals EPS Results

Actual EPS
-$0.34
Consensus EPS
-$0.33
Beat/Miss
Missed by -$0.01
One Year Ago EPS
-$0.43
EPS Beat Rate
3 of last 8 quarters

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%

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 Q3 2024 Earnings FAQ

Recursion Pharmaceuticals (NASDAQ:RXRX) reported earnings of -$0.34 per share for Q3 2024, missing the consensus estimate of -$0.33. The report was announced on Wednesday, November 6, 2024.

Recursion Pharmaceuticals reported revenue of $26.08 million for Q3 2024, against a consensus estimate of $12.62 million.

Recursion Pharmaceuticals' next earnings date is estimated for Wednesday, November 4, 2026. MarketBeat tracks confirmed and estimated earnings dates for Recursion Pharmaceuticals on the company's earnings history page.

Recursion Pharmaceuticals Earnings Headlines

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About Recursion Pharmaceuticals

Recursion Pharmaceuticals (NASDAQ:RXRX) is a clinical-stage biotechnology company that uses biology, chemistry, automation and machine learning to discover and develop new medicines. The company’s technology platform is designed to generate and analyze large volumes of biological and chemical data, helping researchers identify potential drug candidates and better understand disease mechanisms.

Recursion has focused its research and development activities on areas including oncology, rare diseases and neuroscience. Its pipeline has included internally discovered and developed drug candidates, as well as programs advanced through collaborations and strategic partnerships. The company’s approach combines laboratory experimentation with computational tools to support target discovery, compound design, preclinical testing and clinical development.

Founded in 2013 and headquartered in Salt Lake City, Utah, Recursion operates as an international biotechnology organization through its research activities, partnerships and collaborations. In 2024, Recursion completed a combination with Exscientia plc, a United Kingdom-based company specializing in artificial intelligence-driven drug design, expanding Recursion’s capabilities in computational chemistry and medicine discovery. Recursion was co-founded by Chris Gibson, who serves as chief executive officer.

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