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Stock impact report

Akoya Biosciences Reports Third Quarter 2024 Financial Results [Yahoo! Finance]

Akoya BioSciences, Inc. (AKYA) 
Company Research Source: Yahoo! Finance
“Our third-quarter results came in below expectations, largely due to ongoing capital equipment purchase constraints seen across the life science tools market. We remain optimistic about the long-term growth outlook of our industry, but we recognize the current environment will pose temporary challenges. We proactively anticipated this with our recent organizational restructuring, which, while difficult and temporarily disruptive this quarter, was the right decision and enhanced our readiness to absorb the headwinds we are facing,” said Brian McKelligon, CEO of Akoya Biosciences. “We remain confident that Akoya's technologies will continue to be the preferred platform in the spatial biology market from discovery to diagnostics, supporting a return to topline growth in 2025, and beyond, and achievement of our profitability goals.” Third Quarter 2024 Financial Results For the third quarter of 2024, revenue was $18.8 million, a 25% year-over-year decrease from $25.2 million in the t Show less Read more
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