Twist Bioscience climbs after raising 2024 revenue forecast

Twist Bioscience

02/02/2024 14:42

** Shares of synthetic biology co Twist Bioscience  TWST.O 
rise ~6.2% to $35.51 in early trading
    ** Co forecasts annual revenue between $288 mln to $293 mln,
compared with its previous expectation of $285 mln to $290 mln
    ** TWST's quarterly revenue of $71.50 mln beats analysts'
average expectation of $67.60 mln - LSEG data
    ** Including session's move, stock up 7.6% in the last 12
months

 (Reporting by Christy Santhosh)
 ((Christy.Santhosh@thomsonreuters.com))