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PACB — Pacific Biosciences of California News Story

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Pacific Biosciences of California, Inc. reports results for the quarter ended June 30 - Earnings Summary

Pacific Biosciences of California, Inc. reports results for the quarter ended June 30 - Earnings Summary
  • Pacific Biosciences of California, Inc. PACB.OQ reported a quarterly adjusted loss of 14 cents​​ per share for the quarter ended June 30, identical to the same quarter last year. The mean expectation of seven analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -14 cents to -12 cents per share.

  • Revenue fell 1.9% to $39.01 million from a year ago; analysts expected $40.07 million.

  • Pacific Biosciences of California, Inc.'s reported EPS for the quarter was a loss of 14 cents​.

  • The company reported a quarterly loss of $44.74 million.

  • Pacific Biosciences of California, Inc. shares had fallen by 14.3% this quarter and lost 23.0% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 1.4% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the advanced medical equipment & technology peer group is also "buy"

  • Wall Street's median 12-month price target for Pacific Biosciences of California, Inc. is $2.63, about 45.1% above its last closing price of $1.44

This summary was machine generated from LSEG data August 5 at 10:40 p.m. UTC. ​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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jun. 30 2026

-0.13

-0.14

Missed

Mar. 31 2026

-0.13

-0.12

Beat

Dec. 31 2025

-0.15

-0.12

Beat

Sep. 30 2025

-0.15

-0.13

Beat

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