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home / news releases / PACB - Pacific Biosciences of California Inc. (PACB) Q1 2024 Earnings Call Transcript


PACB - Pacific Biosciences of California Inc. (PACB) Q1 2024 Earnings Call Transcript

2024-05-09 21:49:08 ET

Pacific Biosciences of California, Inc. (PACB)

Q1 2024 Earnings Conference Call

May 09, 2024 05:00 PM ET

Company Participants

Todd Friedman - Senior Director of Investor Relations

Christian Henry - President and Chief Executive Officer

Susan Kim - Chief Financial Officer

Conference Call Participants

Kyle Mikson - Canaccord Genuity Corp.

Daniel Brennan - TD Cowen

Doug Schenkel - Wolfe Research

Sung Ji Nam - Scotiabank

Tejas Savant - Morgan Stanley

Presentation

Operator

Hello and welcome to the PacBio First Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] As a reminder this conference is being recorded.

I would now like to hand the call to Todd Friedman, Senior Director of Investor Relations. Please go ahead.

Todd Friedman

Good afternoon, and welcome to PacBio's first quarter 2024 earnings conference call.

Earlier today, we issued a press release outlining the financial results, we will be discussing on today's call, a copy of which is available on the Investors section of our website at www.pacb.com or as furnished on Form 8-K available on the Securities and Exchange Commission website at www.sec.gov. A copy of our earnings presentation is also available on the Investor section of our website at www.pacb.com.

With me today are Christian Henry, President and Chief Executive Officer; and Susan Kim, Chief Financial Officer.

On today's call, we will be making forward-looking statements, including statements regarding predictions, progress, estimates, plans, intentions, guidance, and others, including expectations with respect to our growth potential, instrument and consumable sales, our commitment to create a sustainable cash flow positive company by the end of 2026, expectations with respect to certain customers being early in the ramp-up and measures to increase their utilization. GAAP and non-GAAP guidance and expected benefits of using PacBio products or technologies and new product expectations....

For further details see:

Pacific Biosciences of California, Inc. (PACB) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: Pacific Biosciences of California Inc.
Stock Symbol: PACB
Market: NASDAQ
Website: pacb.com

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