BioLife Solutions Inc reports results for the quarter ended in June - Earnings Summary

BioLife Solutions

08/08/2023 23:08

* BioLife Solutions Inc  BLFS.OQ  reported a quarterly
adjusted
loss of 23 cents​​ per share for the quarter ended in June. The
mean expectation of eight analysts for the quarter was for a
loss of 20 cents per share.
    * Revenue fell 2.5% to $39.51 million from a year ago;
analysts
expected $43.86 million. 
    * BioLife Solutions Inc's reported EPS for the quarter was a
loss
of 23 cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * BioLife Solutions Inc shares had fallen by 15.7% this
quarter and gained 2.4% so far this year.
    * The company reported a quarterly loss of $10.2 million.
    * Wall Street's median 12-month price target for BioLife
Solutions
Inc is $30.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 10:08 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.20          -0.23          Missed
 Mar. 31 2023      -0.21          -0.32          Missed
 Dec. 31 2022      -0.17          -1.15          Missed
 Sep. 30 2022      -0.17          -0.23          Missed