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-0.0218787158145066 -0.0218787158145066 -0.0211652794292511 0.00356718192627811 -0.0130796670630204 0.0166468489892983 0.00594530321046361 -0.0435196195005946
Stock impact report

Bionano Announces Preliminary 3Q 2024 Revenues and Cash

Bionano Genomics, Inc. (BNGO) 
Last bionano genomics, inc. earnings: 8/8 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
SAN DIEGO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Bionano Genomics, Inc. (Nasdaq: BNGO) today announced select preliminary results for the quarter ended September 30, 2024. The Company now expects revenue for the third quarter of 2024 to be between $6.5 and $6.8 million, down from prior guidance of between $7.9 and $8.9 million.   Cash, cash equivalents, available-for-sale securities, and restricted cash were approximately?$23.3 million?as of?September 30, 2024, of which?$11.4 million?was subject to certain restrictions.  The Company has not completed its standard quarterly accounting procedures in connection with its end-of-period review and therefore these results and any guidance remain preliminary and subject to further adjustment, including for potential impairments, write downs, and other non-cash or cash charges which may affect the Company’s third quarter 2024 financial results.  Such adjustments could be material. Erik Holmlin, president and chief executive officer of B Show less Read more
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