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BLLN — BillionToOne News Story

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BillionToOne drops after in-line quarter, maintains annual revenue outlook

BUZZ-BillionToOne drops after in-line quarter, maintains annual revenue outlook

Updates

** Shares of molecular diagnostics co BillionToOne BLLN.O fall 38.50% to $92.23

** 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

** Stock up 12.6% YTD


(Reporting by Sriparna Roy in Bengaluru)

((Sriparna.Roy@thomsonreuters.com;))

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