OLK - Olink GAAP EPS of -$0.07 beats by $0.04 revenue of $29.44M misses by $3.89M
2023-08-09 07:18:22 ET
- Olink press release ( NASDAQ: OLK ): Q2 GAAP EPS of -$0.07 beats by $0.04 .
- Revenue of $29.44M (+7.0% Y/Y) misses by $3.89M .
- 2023 Guidance: Olink reiterates 2023 full year reported revenue guidance of $192 million to $200 million, representing growth of approximately 37% to 43% on a reported basis, and growth of approximately 38% to 44% on a constant currency basis.
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The Company also expects revenues in 2023 will continue to progress along a seasonal pattern that is weighted toward the second half of the year, and fourth quarter specifically. In addition, Olink believes with continued growth and scale up, it will return to profitability in 2023, as measured by adjusted EBITDA.
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Olink GAAP EPS of -$0.07 beats by $0.04, revenue of $29.44M misses by $3.89M