For Pacific Biosciences of California, a First Quarter Hurt by Shipment Delays [The Motley Fool]
Pacific Biosciences of California, Inc. (PACB)
Last pacific biosciences of california, inc. earnings: 2/6 04:02 pm
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US:NASDAQ Investor Relations:
investor.pacificbiosciences.com
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Source: The Motley Fool
The gene-sequencing company received plenty of orders for its Sequel systems in the first quarter, but customers weren't ready for most of them. There wasn't much good news when Pacific Biosciences of California ( NASDAQ:PACB ) reported its 2017 fourth-quarter results in February. Both top and bottom lines for the gene-sequencing company deteriorated. However, a big sale in January provided some hope that the first quarter would be better. PacBio announced its first-quarter results after the market closed on Wednesday. Those hopes of a better performance weren't realized, though. Here are the highlights from the company's first-quarter update: Image source: Getty Images. Pacific Biosciences of California results: The raw numbers Metric Q1 2018 Q1 2017 Year-Over-Year Change Sales $19.4 million $24.9 million (22.3%) Net income from continuing operations ($24.2 million) ($23.9 million) N/A
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PACB
News
- Here's Why Pacific Biosciences (PACB) is Poised for a Turnaround After Losing -63.44% in 4 Weeks [Yahoo! Finance]Yahoo! Finance
- Pacific Biosciences (PACB) Upgraded to Buy: Here's What You Should Know [Yahoo! Finance]Yahoo! Finance
- Excision BioTherapeutics to Present Positive Data from its HSV-1 Keratitis Program, EBT-104, at the ASGCT 2024 Annual Meeting [Yahoo! Finance]Yahoo! Finance
- PacBio moved to Neutral at JPMorgan after guidance cut [Seeking Alpha]Seeking Alpha
- Pacific Biosciences of California, Inc. (NASDAQ: PACB) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating.MarketBeat
PACB
Earnings
- 2/15/24 - Beat
PACB
Sec Filings
- 4/16/24 - Form 8-K
- 4/15/24 - Form PRE
- 4/11/24 - Form POSASR
- PACB's page on the SEC website