Bionano Genomics Inc expected to post a loss of 10 cents a share - Earnings Preview

Reuters
Jul 31, 2023

* Bionano Genomics Inc is expected to show a rise in quarterly revenue when it reports results on August 2 (estimated).

* The San Diego California-based company is expected to report a 24.4% increase in revenue to $8.295 million from $6.67 million a year ago, according to the mean estimate from 5 analysts, based on Refinitiv data. The company's guidance on May 9 2023, for the period ended June 30, was for revenue between $7.80 million and $8.30 million.

* ​Refinitiv's mean analyst estimate for Bionano Genomics Inc is for a loss of 10 cents per share.

* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Bionano Genomics Inc is $3​, above​ its last closing price of $0.58. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT IBES MET, SE %

E® ESTIMATE MISSED

Mar. 31 2023 -0.11 -0.11 -0.12 Missed -9.1

Dec. 31 2023 -0.11 -0.11 -0.13 Missed -18.2

Sep. 30 2022 -0.12 -0.11 -0.11 Met 4.3​

Jun. 30 2022 -0.10 -0.09 -0.11 Missed -20.4

​​Mar. -0.09 -0.07 -0.11 Missed -46.7

31 2022

Dec. 31 2021 -0.06 -0.06 -0.08 Missed -23.6​

Sep. 30 2021 -0.06 -0.06 -0.07 Missed -30.6

Jun. 30 2021 -0.05 -0.05 -0.06 Missed -32.6

This summary was machine generated July 31 at 13:24 GMT. All figures in US dollars unless otherwise stated.

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