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Bionano Genomics因季度亏损收窄、收入超过预期而上涨7%

2024-05-09 04:54

  • Bionano Genomics (NASDAQ:BNGO) is up 7% in after-hours trading Wednesday after reporting Q1 2024 results that showed its quarterly loss narrowed year over year and posting a revenue beat.
  • The Q1 net loss of~ $31.4M compares to a ~$37.1M loss in the year-ago period.
  • In the quarter, the company brought its total installed base of optical genome mapping (OGM) systems to 347, a 34% increase over Q1 2023.
  • Bionano also sold 8,249 nanochannel array flowcells in the quarter, a 58% year-over-year increase over the number of flowcells sold in Q1 2023.
  • Due to the expansion of cost savings initiatives announced in March, the company anticipates having reduced annualized non-GAAP operating expenses by about $65M-$75M by Q1 2025.

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