Alector (NASDAQ:ALEC) reported quarterly losses of $(0.43) per share which beat the analyst consensus estimate of $(0.53) by 18.87 percent. This is a 18.87 percent increase over losses of $(0.53) per share from the same period last year. The company reported quarterly sales of $15.34 million which missed the analyst consensus estimate of $15.70 million by 2.28 percent. This is a 68.43 percent increase over sales of $9.11 million the same period last year.