What caused ZYME's significant EPS miss in Q4 2024?

Zymeworks Inc. (ZYME) experienced a significant EPS miss in Q4 2024, with an EPS of -0.21, compared to the last report's EPS of -0.20. This indicates a continued financial challenge for the company. The primary reasons for ZYME's significant EPS miss in Q4 2024 are as follows:

1. **Revenue Shortfall**: Despite an 83.3% increase in revenue to $31.03 million compared to the previous year, analysts had expected $45.20 million for the quarter. This shortfall may be due to slower-than-expected growth in key product areas or operational inefficiencies.
2. **Increased Net Loss**: Zymeworks reported a net loss of $23.51 million for the quarter, which is a significant increase from the net loss of $20 million reported in the same quarter last year. This rise in net losses could be a result of higher operational costs, research and development expenses, or marketing expenses.

In summary, Zymeworks' Q4 2024 EPS miss is primarily due to a combination of lower-than-expected revenue and increased net losses. These factors collectively paint a picture of a company that is facing significant financial challenges, which may impact investor confidence and market perception.

|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|ZYME|ZYME.O|Zymeworks|2024 Q1|-13.513513513513512|-0.42|185|
|ZYME|ZYME.O|Zymeworks|2024 Q2|35.526315789473685|-0.49|185|
|ZYME|ZYME.O|Zymeworks|2024 Q3|4.878048780487796|-0.39|185|

|code|Ticker|Name|Date|EPS Surprise YoY|EPS Surprise|market_code|
|---|---|---|---|---|---|---|
|ZYME|ZYME.O|Zymeworks|20240331|-150.00000000000003|-0.1|185|
|ZYME|ZYME.O|Zymeworks|20240630|75|-0.07|185|
|ZYME|ZYME.O|Zymeworks|20241231||-0.21|185|

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|ZYME|ZYME.O|Zymeworks|2024 Q1|-71.80842093428524|1.003E7|185|
|ZYME|ZYME.O|Zymeworks|2024 Q2|174.82147957726363|1.9243E7|185|
|ZYME|ZYME.O|Zymeworks|2024 Q3|-3.0655519205137525|1.6E7|185|
|ZYME|ZYME.O|Zymeworks|2024 Q4|83.33333333333334|3.1031E7|185|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|ZYME|ZYME.O|Zymeworks|2023 Q4|-104.68020334097102|-1.4482E7|185|
|ZYME|ZYME.O|Zymeworks|2024 Q1|-29.975773005379214|-3.1653E7|185|
|ZYME|ZYME.O|Zymeworks|2024 Q2|26.325461370034407|-3.7686E7|185|
|ZYME|ZYME.O|Zymeworks|2024 Q3|-4.054101160804546|-2.985E7|185|