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Stock impact report

Standard BioTools Second Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]

Standard BioTools Inc. (LAB) 
Company Research Source: Yahoo! Finance
Net loss: US$45.7m (loss widened by 168% from 2Q 2023). US$0.12 loss per share. All figures shown in the chart above are for the trailing 12 month (TTM) period Standard BioTools Revenues and Earnings Miss Expectations Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 33%. Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Life Sciences industry in the US. Performance of the American Life Sciences industry. The company's shares are up 18% from a week ago. Risk Analysis Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Standard BioTools (1 is a bit concerning) you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide Show less Read more
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