Standard BioTools Inc (LAB) Reports Growth and Margin Expansion in FY2023 Despite Economic ... [Yahoo! Finance]
Standard BioTools Inc. (LAB)
Company Research
Source: Yahoo! Finance
Gross Margin Expansion : Non-GAAP gross margin expanded significantly, reaching 60.1% for the fiscal year 2023. Operating Expenses Reduction : Non-GAAP operating expenses declined by 17% in fiscal year 2023, reflecting disciplined cost management. Net Loss Improvement : Non-GAAP adjusted EBITDA loss improved by $34 million in fiscal year 2023. Strong Liquidity Position : Combined pro forma cash, cash equivalents, restricted cash, and short-term investments stood at approximately $565 million as of December 31, 2023. 2024 Outlook : The combined company expects revenue in the range of $200 million to $205 million for fiscal year 2024. Warning! GuruFocus has detected 5 Warning Signs with LAB. On February 28, 2024, Standard BioTools Inc ( NASDAQ:LAB ) released its 8-K filing , announcing its financial results for the fourth quarter and full year ended December 31, 2023. The company, a manufacturer of life science tools focused on single-cell analysis and genomics, reported a
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LAB
News
- Standard BioTools Announces Operational Restructuring Plan to Drive Long-Term Profitable Growth [Yahoo! Finance]Yahoo! Finance
- Standard BioTools Announces Conference Call and Webcast for First Quarter 2024 Financial Results on May 8, 2024 [Yahoo! Finance]Yahoo! Finance
- Standard BioTools Announces Operational Restructuring Plan to Drive Long-Term Profitable GrowthGlobeNewswire
- Standard BioTools Announces Conference Call and Webcast for First Quarter 2024 Financial Results on May 8, 2024GlobeNewswire
- Standard BioTools Inc. (NASDAQ:LAB): Are Analysts Optimistic? [Yahoo! Finance]Yahoo! Finance
LAB
Earnings
- 2/28/24 - Miss
LAB
Sec Filings
- 4/26/24 - Form 10-K/A
- 4/25/24 - Form 8-K
- 4/9/24 - Form 4
- LAB's page on the SEC website