BioLife Solutions Inc (BLFS) Q3 2024 Earnings Call Highlights: Strategic Divestitures and ... [Yahoo! Finance]
BioLife Solutions, Inc. (BLFS)
Last biolife solutions, inc. earnings: 3/11 04:29 pm
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Source: Yahoo! Finance
BioLife Solutions Inc ( NASDAQ:BLFS ) reported its fourth consecutive quarter of sequential revenue growth, with a 43% year-over-year increase in cell processing platform revenue. The company achieved a significant improvement in adjusted gross margin, reaching 54% in Q3 2024, up from 44% in the same period last year. BioLife Solutions Inc ( NASDAQ:BLFS ) announced the strategic divestiture of its biostorage business, which is expected to streamline operations and fortify the balance sheet. The company increased its cell processing revenue guidance for the full year 2024, reflecting strong performance and positive market trends. BioLife Solutions Inc ( NASDAQ:BLFS ) has a strong market position, with its biopreservation media products embedded in more than 70% of relevant commercially sponsored CGT clinical trials. The company reported a GAAP operating loss of $1.6 million for Q3 2024, although this was an improvement from the previous year. Despite the sale of the biosto
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BLFS
News
- BioLife Solutions, Inc. (NASDAQ: BLFS) had its price target lowered by analysts at HC Wainwright from $29.00 to $27.00. They now have a "buy" rating on the stock.MarketBeat
- BioLife Solutions, Inc. (NASDAQ:BLFS) Just Reported And Analysts Have Been Cutting Their Estimates [Yahoo! Finance]Yahoo! Finance
- BioLife Solutions Announces $6.1 million Sale of its Custom Biogenic Systems Freezer Subsidiary [Yahoo! Finance]Yahoo! Finance
- BioLife Solutions Announces $6.1 million Sale of its Custom Biogenic Systems Freezer SubsidiaryPR Newswire
- SciSafe Announces Acquisition and Growth Capital Investment by 1315 Capital [Yahoo! Finance]Yahoo! Finance
BLFS
Earnings
- 11/12/24 - Beat
BLFS
Sec Filings
- 11/20/24 - Form 8-K
- 11/19/24 - Form 4
- 11/14/24 - Form 4
- BLFS's page on the SEC website