Bionano Genomics Inc expected to post a loss of 87 cents a share - Earnings Preview

Bionano Genomics

01/03/2024 21:25

* Bionano Genomics Inc  BNGO.OQ   BNGO.O  is expected
to show a
rise in quarterly revenue when it reports  results on March 5
for the period ending December 31 2023
    * The San Diego California-based  company is expected to
report a
28.8% increase in revenue to $10.585 million from $8.22 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.The company's guidance on January 8 2024, for
the period ended December 31, was for revenue between $10.40
million and $10.70 million.
    * ​LSEG's mean analyst estimate for Bionano Genomics Inc is
for a
loss of 87 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 $7.00​, above​ its last closing price of $1.25. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.92       -0.97      -1.00     Missed  -3.1
 Jun. 30 2023  -1.00       -1.03      -1.24     Missed  -20
 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.        -1.18       -1.15      -1.10     Beat    4.3
 30 2022                                                
 Jun. 30 2022  -1.03       -0.91      -1.10     Missed  -20.4​
 Mar. 31 2022  -0.87       -0.75      -1.10     Missed  -46.7
 Dec. 31 2021  -0.64       -0.65      -0.80     Missed  -23.6
 This summary was machine generated March 1 at 21:25 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)