Absci Stock Plunges 6.4% on Earnings, Sales Drop

Generated by AI AgentAinvest Pre-Market Radar
Wednesday, Aug 13, 2025 4:37 am ET1min read
ABSI--
Aime RobotAime Summary

- Absci's stock fell 6.4% pre-market after reporting a $56.9M H1 net loss and 34% higher R&D costs.

- Liquidity stands at $117.5M, supported by $20M AMD PIPE and $60.6M equity proceeds, ensuring short-term stability.

- August sales dropped 54%, signaling challenges in maintaining market position and financial health.

On August 13, 2025, Absci's stock price dropped by 6.4% in pre-market trading, reflecting significant market sentiment shifts.

Absci Corporation recently reported a net loss of $56.9 million for the first half of the year, with research and development expenses increasing by 34%. The company's liquidity stands at $117.5 million, bolstered by $20 million from an AMDAMD-- PIPE and $60.6 million from subsequent equity proceeds, which provide near-term funding stability.

In a notable development, Absci's sales plummeted by 54% in August 2025, as reported by The Motley Fool. This significant decline in revenue highlights the challenges the company is facing in maintaining its market position and financial health.

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