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Stock impact report

Twist Bioscience Corp Reports Strong Revenue Growth in Q1 Fiscal 2024 [Yahoo! Finance]

Twist Bioscience Corporation (TWST) 
Last twist bioscience corporation earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Net Loss : Reported at $43.0 million, or $0.75 per share, slightly higher than $41.8 million, or $0.74 per share in Q1 FY23. Gross Margin : Improved guidance to approximately 40% to 41% for FY24. Cash Position : Ended the quarter with $311.1 million in cash, cash equivalents, and short-term investments. Customer Growth : Shipped products to 2,140 customers, up from 2,060 in the same quarter last year. Warning! GuruFocus has detected 5 Warning Signs with TWST. On February 2, 2024, Twist Bioscience Corp ( NASDAQ:TWST ) released its 8-K filing , announcing its financial results for the first quarter of fiscal year 2024. The synthetic biology company, which specializes in the production of high-quality synthetic DNA using a proprietary silicon platform, reported a significant increase in revenue and orders, alongside a modest increase in net loss compared to the same period last year. Twist Bioscience's revenue growth is a critical indicator of the company's expanding market Show less Read more
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