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OmniAb Reports Fourth Quarter and Full Year 2024 Financial Results and Business Highlights

1. OmniAb, Inc. achieved double-digit growth in partners and programs in 2024. 2. New technologies launched strengthened platform, enhancing market reach for OABI.

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FAQ

Why Bullish?

The significant growth in partners and programs suggests increasing market confidence. Historical trends show similar growth trajectories often lead to higher stock valuations.

How important is it?

The article outlines key operational successes that typically stimulate investor interest and stock performance. Relevant growth metrics indicate potential strong future earnings.

Why Long Term?

The advancements in clinical-stage programs may yield significant future revenues and partnerships. Long-term growth is supported by sustained innovation and market expansion.

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EMERYVILLE, Calif.--(BUSINESS WIRE)--OmniAb, Inc. (NASDAQ: OABI) today reported financial results for the three and 12 months ended December 31, 2024, and provided operating and partner program updates. “2024 was a remarkable year featuring double-digit percentage growth in the number of both active partners and programs. Clinical-stage programs advanced well, and we launched new technologies and enhancements that strengthened our platform and expanded our reach,” said Matt Foehr, Chief Executi.

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