Maravai LifeSciences Holdings Inc (MRVI) Faces Net Loss in 2023 Despite Revenue Outperformance [Yahoo! Finance]
Maravai LifeSciences Holdings, Inc. - Class A common stock (MRVI)
Company Research
Source: Yahoo! Finance
Net Loss : Recorded a net loss of $(138.4) million for the year, attributed to valuation adjustments and decreased demand. Adjusted EBITDA Margin : Achieved 23% for the full year, reflecting cost reduction efforts and operational efficiency. Product Innovation : TriLink BioTechnologies secures patents and enters supply agreement, signaling growth in the mRNA space. 2024 Revenue Guidance : Projected to be between $265.0 million to $285.0 million with an Adjusted EBITDA margin of 23% to 25%. Warning! GuruFocus has detected 3 Warning Sign with MRVI. On February 22, 2024, Maravai LifeSciences Holdings Inc ( NASDAQ:MRVI ) released its 8-K filing , detailing the financial results for the fourth quarter and full year ended December 31, 2023. The life sciences company, known for its products that enable drug therapies, diagnostics, and research on human diseases, faced a challenging year with significant revenue decline and a net loss. Financial Performance and Challenges Marav
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MRVI
News
- TriLink BioTechnologies® Announces New San Diego Facility for Late Phase mRNA Drug Substance Production [Yahoo! Finance]Yahoo! Finance
- TriLink BioTechnologies® Announces New San Diego Facility for Late Phase mRNA Drug Substance ProductionBusiness Wire
- Maravai LifeSciences To Host Earnings Conference Call on Wednesday, May 8, 2024GlobeNewswire
- Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI) is now covered by analysts at Craig Hallum. They set a "buy" rating and a $15.00 price target on the stock.MarketBeat
- Should You Sell Maravai LifeSciences (MRVI)? [Yahoo! Finance]Yahoo! Finance
MRVI
Earnings
- 2/22/24 - Beat
MRVI
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEF
- 4/16/24 - Form 4
- MRVI's page on the SEC website