Brief: Olink Holding Q1 Net Loss Narrows To $12.2 Mln

Olink Holding AB (publ)

12/05/2022 13:30

May 12 (Reuters) - Olink Holding AB (publ)  OLK.O :
    * REPORTS FIRST QUARTER 2022 FINANCIAL RESULTS
    * Q1 2022 REVENUE TOTALED $22.7 MILLION, REPRESENTING YEAR
OVER
YEAR GROWTH OF 66% ON A REPORTED BASIS AND 72% ON A CONSTANT
CURRENCY ADJUSTED LIKE-FOR-LIKE BASIS
    * Q1 2022 ADJUSTED EBITDA WAS ($9.1) MILLION, WITH A NET
LOSS OF
($12.2) MILLION; COMPARED TO Q1 2021 ADJUSTED EBITDA OF ($3.7)
MILLION AND NET LOSS OF ($14.3) MILLION
    * MAINTAINED FULL YEAR 2022 GUIDANCE, WITH REVENUE EXPECTED
TO BE
IN RANGE OF $138 MILLION TO $145 MILLION, REPRESENTING GROWTH OF
45% - 53%

Source text for Eikon:  ID:nGNE3kXXVL 
Further company coverage:  OLK.O 

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