What caused CGEN's Q4 2024 earnings to plummet?

Compugen's Q4 2024 earnings were negatively impacted by a combination of factors:

1. **Revenue Miss**: Compugen's revenues for Q4 2024 were significantly lower than expected, with the company reporting $1.47 million compared to the consensus estimate of $17.5 million. This substantial shortfall in revenue contributed to the earnings decline.
2. **Loss from Operations**: The company reported a net loss of approximately $14.2 million for the year ended December 31, 2024. This loss was primarily due to reduced revenues and increased expenses.

In summary, the Q4 2024 earnings of Compugen were negatively impacted by the shortfall in revenue and operational losses.