TKNO - Alpha Teknova GAAP EPS of -$0.47 misses by $0.13 revenue of $7.89M beats by $0.18M
2023-03-15 16:31:29 ET
- Alpha Teknova press release ( NASDAQ: TKNO ): Q4 GAAP EPS of -$0.47 misses by $0.13 .
- Revenue of $7.89M (-22.0% Y/Y) beats by $0.18M .
- Adjusted EBITDA for the fourth quarter 2022 was negative $8.1 million, compared to negative $3.4 million for the fourth quarter 2021.
- Free Cash Flow was negative $12.8 million for the fourth quarter 2022, compared to negative $10.5 million for the fourth quarter 2021.
- Outlook: Teknova anticipates total revenue of $42 million to $46 million for the fiscal year ending December 31, 2023 (“2023”), which assumes roughly flat performance in Lab Essentials and 20-50% growth in Clinical Solutions. The Company also anticipates free cash outflow of approximately $30 million for 2023.
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Alpha Teknova GAAP EPS of -$0.47 misses by $0.13, revenue of $7.89M beats by $0.18M