MaxCyte Initiates Full Year 2024 Guidance and Reaffirms 2023 Preliminary Results
MaxCyte, Inc. (MXCT)
Company Research
Source: GlobeNewswire
ROCKVILLE, Md., March 04, 2024 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT; LSE: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discovery, development and commercialization of next-generation cell therapeutics and innovative bioprocessing applications, today provided revenue guidance for the full year of 2024 and reaffirmed 2023 preliminary results previously announced in January. 2023 Preliminary ResultsTotal revenue for the fiscal year of 2023 is expected to be between $41.1 million and $41.3 million, compared to $44.3 million for fiscal year 2022. Core revenue is expected to be between $29.6 million and $29.8 million, compared to $39.6 million for fiscal year 2022.SPL Program-related revenue is expected to be approximately $11.4 million, compared to $4.6 million for fiscal year 2022. Total cash, cash equivalents, and investments as of December 31, 2023 is expected to be approximately $210 million. 2024 GuidanceM
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News
- MaxCyte, Inc. (NASDAQ: MXCT) had its "overweight" rating re-affirmed by analysts at Stephens. They now have a $11.00 price target on the stock.MarketBeat
- We Think MaxCyte (LON:MXCT) Can Afford To Drive Business Growth [Yahoo! Finance]Yahoo! Finance
- MaxCyte to Report First Quarter 2024 Financial Results on May 7, 2024GlobeNewswire
- Kytopen announces appointment of industry executive Kevin Gutshall as Chief Commercial Officer [Yahoo! Finance]Yahoo! Finance
- MaxCyte signs strategic platform license with Be Biopharma [Seeking Alpha]Seeking Alpha
MXCT
Earnings
- 3/12/24 - Beat
MXCT
Sec Filings
- 5/1/24 - Form ARS
- 4/26/24 - Form DEF
- 3/28/24 - Form 4
- MXCT's page on the SEC website