IOBT beat EPS expectations by 12.28%
May 15, 2025, 10:37 AM
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What does IOBT do
IO Biotech develops immune-modulating cancer therapies using its Twin technology platform, targeting tumor-induced immunosuppression. Its lead candidate, IO102-IO103, addresses key proteins IDO and PD-L1.
IO Biotech (IOBT) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, IO Biotech's actual EPS was -$0.34, beating the estimate of -$0.39 per share, resulting in a 12.28% surprise.
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