Bionano Genomics Inc expected to post a loss of 21 cents a share - Earnings Preview

Bionano Genomics

04/11/2024 23:12

* Bionano Genomics Inc  BNGO.OQ   BNGO.O  is expected
to show a
fall in quarterly revenue when it reports  results on November 6
(estimated) for the period ending September 30 2024
    * The San Diego California-based  company is expected to
report a
15.7% decrease in revenue to $7.854 million from $9.32 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.The company's guidance on October 10 2024, for the
period ended September 30, was for revenue between $6.50 million
and $6.80 million.
    * ​LSEG's mean analyst estimate for Bionano Genomics Inc is
for a
loss of 21 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Bionano
Genomics
Inc is 1.90​, above​ its last closing price of $0.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.41       -0.42      -0.22     Beat    47.2
 Mar. 31 2024  -0.64       -0.64      -0.51     Beat    20.9
 Dec. 31 2023  -0.87       -0.87      -0.41     Beat    53​
 Sep. 30 2023  -0.92       -0.97      -1.00     Missed  -3.1
 ​​Jun.        -1.00       -1.03      -1.24     Missed  -20
 30 2023                                                
 Mar. 31 2023  -1.10       -1.10      -1.20     Missed  -9.1​
 Dec. 31 2022  -1.14       -1.10      -1.30     Missed  -18.2
 Sep. 30 2022  -1.18       -1.15      -1.10     Beat    4.3
 This summary was machine generated November 4 at 23:12 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)