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0.0190139660104324 0 -0.00100959111559826 0.00824499411071852 0.110550227158001 0.0770671378091871 0.0403836446239272 0.028100286050816
Stock impact report

Telesis Bio Announces Select Preliminary Fourth Quarter 2023 Financial Results

Telesis Bio, Inc. (TBIO) 
Company Research Source: GlobeNewswire
SAN DIEGO, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Telesis Bio Inc. (NASDAQ: TBIO), a leading provider of RNA and DNA solutions enabling researchers to accelerate therapeutic discovery through advanced, flexible and rapid automated synthesis in their own lab, today announced certain preliminary, unaudited financial results for the fourth quarter and year ended December 31, 2023. The results are subject to the completion of the Company’s year-end financial reporting processes, reviews, and audit. BioXp® kit revenue for the fourth quarter of 2023 is expected to exceed $1.0 million, the highest level in the history of the Company and an increase of 59.6% from the prior quarter and 25.9% compared to the same quarter last year. This increase was driven by rapid adoption of highly differentiated mRNA workflows, which grew at more than 300% compared to the same quarter last year. For the full 2023 fiscal year, BioXp kit sales increased 10% compared to the prior year .Total consolidated revenue Show less Read more
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