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Stock impact report

Singular Genomics Reports Recent Highlights and Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]

Singular Genomics Systems, Inc. (OMIC) 
Company Research Source: Yahoo! Finance
sequencing (NGS) and spatial multiomics technologies to empower researchers and clinicians, today highlighted recent corporate achievements and reported financial results for the fourth quarter and full year ended December 31, 2023. “We ended 2023 on a strong note, shipping our largest number of quarterly instruments to-date,” said Drew Spaventa, Chairman and Chief Executive Officer of Singular Genomics. “We continue to build momentum in early 2024 with the recent unveiling of the G4X, the first in situ spatial sequencer. The G4X brings sequencing into tissue sections, offering new capabilities and novel data streams with industry-leading throughput and cost.” Fourth Quarter and Recent Financial Highlights Generated revenue of $1.1 million in the fourth quarter of 2023, representing growth of 41% compared to prior year period and 134% compared to the third quarter of 2023. Shipped eight G4 systems in the fourth quarter of 2023, increasing the total number of commercial systems Show less Read more
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