How did ALLK's operating profit surge in Q4 2024?

Allakos Inc. (NASDAQ: ALLK) did not experience a surge in operating profit in Q4 2024. In fact, the company reported a quarterly breakeven result per share for the quarter ended December 31, 2024, which is an improvement from the same quarter last year when the company reported an EPS of -71 cents. The reported revenue for the quarter was zero, which was also in line with analysts' expectations. Therefore, it can be concluded that Allakos did not experience a surge in operating profit in Q4 2024, but rather maintained breakeven results with zero revenue. |code|Ticker|Name|Date|Operating Income YoY|Operating Income|market_code| |---|---|---|---|---|---|---| |ALLK|ALLK.O|Allakos|2023 Q4|-44.10579866945973|-6.2601E7|185| |ALLK|ALLK.O|Allakos|2024 Q1|-67.75396525679758|-7.1074E7|185| |ALLK|ALLK.O|Allakos|2024 Q2|24.048974943052393|-2.6674E7|185| |ALLK|ALLK.O|Allakos|2024 Q3|59.75887768522578|-1.8358E7|185|