Apellis Pharmaceuticals Inc. (NASDAQ: APLS) saw its stock price plummet 6.90% during Tuesday's intraday trading session.
The sharp decline followed the release of the company's fourth-quarter 2025 financial results, which revealed a significant earnings miss. Apellis reported a quarterly loss of $0.47 per share, which fell 23.36% short of the analyst consensus estimate for a loss of $0.38 per share. This result represents a 62.07% increase in losses compared to the $0.29 per share loss reported in the same period last year.
While quarterly sales of $199.913 million slightly exceeded the $199.222 million estimate, revenue declined by 5.94% year-over-year. The company reported a net loss of $58.951 million and an operating loss of $51.142 million for the quarter, contributing to investor concerns over the company's profitability.
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