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Stock impact report

Harvard Bioscience targets $22.5M–$24.5M Q4 revenue as backlog reaches two-year high, expanding product rollouts and distribution [Seeking Alpha]

Harvard Bioscience, Inc. (HBIO) 
Last harvard bioscience, inc. earnings: 2/26 07:15 am Check Earnings Report
US:NASDAQ Investor Relations: investor.harvardbioscience.com
Company Research Source: Seeking Alpha
John Duke, President and CEO, reported operational progress and improvements across key areas, stating the company delivered revenue of $20.6 million, which was at the high end of guidance and a slight sequential increase in Quick Insights Harvard Bioscience delivered revenue at the high end of guidance with expanded gross margin, showed positive operating cash flow, and guided for higher Q4 revenue and margin. Order growth and backlog have improved, supporting a positive outlook. Key risks include potential NIH funding delays, a prolonged U.S. government shutdown, and macro uncertainties, with management incorporating these into the lower end of its guidance. New product launches (Incub8), expanded distribution (Fisher Scientific), and increased adoption of high-value telemetry products are driving demand, backlog, and improved financial execution. More Trending News Show less Read more
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