OLK - Olink GAAP EPS of -$0.11 beats by $0.01 revenue of $27.5M beats by $0.23M
2023-05-11 07:40:22 ET
- Olink press release ( NASDAQ: OLK ): Q1 GAAP EPS of -$0.11 beats by $0.01 .
- Revenue of $27.5M (+21.1% Y/Y) beats by $0.23M .
- Total Explore customer installations reached 63, with 11 installations during the first quarter
- Total Signature Q100 placements reached 117, with 26 placements during the first quarter
- First quarter kits revenue and analysis services revenue represented 49% and 38% of total revenue, respectively
- Olink expects 2023 full year reported revenue to be in the range 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; and expects the Company will return to profitability in 2023, as measured by adjusted EBITDA
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Olink GAAP EPS of -$0.11 beats by $0.01, revenue of $27.5M beats by $0.23M