Brief: Olink Sees Q4 2022 Reported Revenues Up Between $57.5-57.9 Mln

Olink Holding AB (publ)

09/01/2023 13:08

Jan 9 (Reuters) - Olink Holding AB (publ)  OLK.O :
    * OLINK ANNOUNCES PRELIMINARY UNAUDITED REVENUE FOR THE
FOURTH
QUARTER AND FULL YEAR 2022 AND PROVIDES OUTLOOK FOR 2023
    * 2022 REPORTED REVENUES SEEN TO BE BETWEEN $139.4 MILLION
AND
$139.8 MILLION, REPRESENTING YEARLY GROWTH OF ABOUT 47% ON
REPORTED BASIS
    * Q4 REPORTED REVENUES SEEN AT BETWEEN $57.5 MILLION AND
$57.9
MILLION, VERSUS $43.7 MILLION YEAR AGO
    * ANTICIPATES Q4 2022 KIT SHARE OF TOTAL REVENUES WILL BE
APPROXIMATELY 53%
    * EXPECTS 2023 FULL YEAR REPORTED REVENUE TO BE IN RANGE OF
$192
MILLION TO $200 MILLION
    * BELIEVES IT WILL RETURN TO PROFITABILITY IN 2023

Source text for Eikon:  ID:nGNE5R6HyS 
Further company coverage:  OLK.O 
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