bioAffinity Technologies Reports $2.4 Million Revenue for Q3 2024
bioAffinity Technologies, Inc. (BIAF)
Company Research
Source: Business Wire
Expanded CyPath® Lung test sales to physicians in Illinois, Alabama, and Louisiana; now receiving orders from physicians in 11 statesNumber of physician offices signed increased 75% over Q2 2024Reaffirmed $9.6 million 2024 revenue forecast for wholly owned Precision Pathology subsidiary SAN ANTONIO--(BUSINESS WIRE)--bioAffinity Technologies, Inc. (Nasdaq: BIAF; BIAFW), a biotechnology company focused on the need for noninvasive, accurate tests for the detection of early-stage lung cancer and other lung diseases, today reported financial results for the three months ended September 30, 2024.Key HighlightsGenerated quarterly revenue of $2.4 million in the third quarter of 2024.More than 1,300% growth rate for CyPath® Lung orders in first nine months of 2024 over full-year 2023.Number of physician offices signed increased by 75% compared to the second quarter of 2024, setting the stage for acceleration of CyPath® Lung sales in the quarters ahead.In October 2024, CyPath® Lung was added
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News
- bioAffinity Technologies Reports $2.4 Million Revenue for Q3 2024 [Yahoo! Finance]Yahoo! Finance
- bioAffinity Technologies Appoints New Chief Science Officer to Spearhead Product DevelopmentBusiness Wire
- U.S. Testing Laboratories, Safety and Compliance Services Industry Report 2024: Market Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts to 2030 [Yahoo! Finance]Yahoo! Finance
- bioAffinity Technologies Announces Award of Japanese Patent for CyPath® LungBusiness Wire
- WallachBeth Capital Announces Closing of bioAffinity Technologies $2.6 Million Registered Direct Offering & Concurrent Private PlacementPR Newswire
BIAF
Sec Filings
- 11/14/24 - Form 10-Q
- 11/14/24 - Form 8-K
- 11/13/24 - Form PRE
- BIAF's page on the SEC website