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-0.0103626943005181 -0.0103626943005181 -0.0103626943005181 -0.0103626943005181 -0.0103626943005181 0.0120898100172712 0.0120898100172712 0.0120898100172712
Stock impact report

Teknova Reports Second Quarter 2022 Financial Results

Alpha Teknova, Inc. (TKNO) 
Company Research Source: GlobeNewswire
Second quarter 2022 total revenue was $11.7 million, up 41% year-over-yearCash position of $64.7 million supports ongoing investment in growth strategyCompany updates 2022 revenue outlook to $38-42 million HOLLISTER, Calif., Aug. 10, 2022 (GLOBE NEWSWIRE) -- Alpha Teknova, Inc. (“Teknova”) (Nasdaq: TKNO), a leading provider of critical reagents for the discovery, development, and commercialization of drug therapies, novel vaccines, and molecular diagnostics, today announced financial results for the second quarter ended June 30, 2022. “We were pleased with our second quarter revenue growth and the excellent progress on the build-out of our new manufacturing facility,” said Stephen Gunstream, President and CEO of Teknova. “While we continue to see healthy demand across our broader customer base, we now expect lower than anticipated revenue in the second half of 2022, we believe in large part due to certain of our early-stage biopharma customers deferring large purchases. We non Show less Read more
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