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Stock impact report

Standard BioTools Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]

Standard BioTools Inc. (LAB) 
Company Research Source: Yahoo! Finance
Completed merger with SomaLogic, activating strategy to build scaled leader in life sciences tools and services Combined pro forma revenue for FY2023 totaled $192 million and fortified balance sheet with $565 million in combined pro forma cash, cash equivalents, restricted cash and short-term investments at December 31, 2023 SOUTH SAN FRANCISCO, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Standard BioTools Inc. (“Standard BioTools” or the “Company”) (Nasdaq: LAB) today announced financial results for the fourth quarter and fiscal year ended December 31, 2023. Standard BioTools Stand-Alone 2023 Fourth Quarter and Full Year Selected Financial Results Quarter Ended Year Ended (Unaudited, in millions, except percentages) December 31, 2023 December 31, 2023 Revenue GAAP gross margin Non-GAAP gross margin Operating expenses Non-GAAP operating expenses Operating loss Net loss Non-GAAP adjusted EBITDA Cash, cash equivalents, restricted cash and short-term inve Show less Read more
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