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Stock impact report

BioLife Solutions Reports First Quarter 2024 Financial Results [Yahoo! Finance]

BioLife Solutions, Inc. (BLFS) 
Last biolife solutions, inc. earnings: 3/11 04:29 pm Check Earnings Report
US:NASDAQ Investor Relations: biolifesolutions.com
Company Research Source: Yahoo! Finance
Non-GAAP adjusted gross margin expands from to and adjusted EBITDA of $3.6 million or 13% ex-GCI freezers Conference call begins at 4:30 p.m. Eastern time today BOTHELL, Wash. May 9, 2024 /PRNewswire/ -- BioLife Solutions, Inc. (Nasdaq: BLFS) ("BioLife" or the "Company"), a leading developer and supplier of bioproduction products and services for the cell and gene therapy ("CGT") and the broader biopharma markets, today announced financial results for the three months ended March 31, 2024 and affirmed its revenue guidance for 2024. "We are off to a solid start to 2024, delivering another quarter of sequential core cell processing revenue platform growth while advancing our strategic realignment to concentrate on our most valuable franchises. In April, we executed a key objective with the divestiture of the Global Cooling, Inc. ("GCI") freezer business, immediately transforming our financial profile. In the first quarter pro forma excluding GCI, adjusted gross margin would have Show less Read more
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