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Thursday, November 9, 2017

=BioLife Solutions (BLFS) reported earnings on Thu 9 Nov 2017 (a/h)



BioLife Solutions reports Q3 results 
  • Co reports Q3 EPS of ($0.03) vs ($0.06) Capital IQ Consensus; revs +42.9% y/y to $3 mln vs $2.7 mln Capital IQ Consensus
  • Co sees FY17 revenue of $10.8-11.0 mln versus $10.4 mln Capital IQ consensus
    • Gross margin is expected to be between 60% and 62%; previous guidance for gross margin was a range of 58% to 62%.
  • 2018 Preliminary Financial Guidance: Biopreservation media revenue is expected to range between $13.6 million to $14.7 million, representing growth of 25% to 35% over 2017. 

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