Standard BioTools: Q3 Earnings Snapshot
By AP News
Published - Oct 30, 2024, 04:15 PM ET
Last Updated - Dec 16, 2024, 05:49 PM EST
SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Standard BioTools Inc. (LAB) on Wednesday reported a loss of $26.9 million in its third quarter.
On a per-share basis, the South San Francisco, California-based company said it had a loss of 7 cents. Losses, adjusted for stock option expense and restructuring costs, were 5 cents per share.
The company that makes equipment to control fluids posted revenue of $45 million in the period.
Standard BioTools expects full-year revenue in the range of $170 million to $175 million.
