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BNGO - Beyond Bionano's 80% Growth: Cracks In Management's Claim Of A Momentum
June, 28 2022 05:58 AM
Bionano Genomics Inc.
Despite YoY Saphyr sales growth, BNGO seems to have lost market share to competing technologies. There is also no evidence of increased utilization of Saphyr in the labs, at least by an amount that constitutes a "momentum." Operating costs will likely remain elevated as the company continues executing its ELEVATE program. For further details see:
Beyond Bionano's 80% Growth: Cracks In Management's Claim Of A Momentum
Stock Information
Company Name:
Bionano Genomics Inc.
Stock Symbol:
BNGO
Market:
NASDAQ
Website:
bionanogenomics.com
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