BillionToOne drops after in-line quarter, maintains annual revenue outlook
BUZZ-BillionToOne drops after in-line quarter, maintains annual revenue outlook ** Shares of molecular diagnostics co BillionToOne BLLN.O fall 25.95% to $111.06 premarket
** Co maintained annual revenue forecast to be between $450.0 million and $465.0 million
** Q2 rev of $109.4 million were about in line with estimates
** BLLN came in hot into the Q2 print and surprised folks with an in-line quarter, says brokerage BTIG
** At least two brokerages cut PT on co
** Up to last close, stock up 83% YTD
(Reporting by Sriparna Roy in Bengaluru)
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