secwatch.observer — SEC 8-K summary
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Issuer:     Alpha Teknova, Inc. (TKNO)
CIK:        0001850902
Form:       8-K
Filed at:   2024-05-13T23:59:59+00:00
Accession:  0000950170-24-058639
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alpha Teknova Q1 revenue $9.3M (+2% YoY); net loss narrows; reaffirms FY guidance $35-38M
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- Q1 revenue $9.3M, up 2% YoY; net loss $8.1M ($0.20 loss per share) vs $8.8M loss in Q1 2023.
- Gross margin fell to 23.8% from 26.6% due to higher overhead and depreciation from new facility.
- Adjusted EBITDA negative $3.8M, improved from negative $6.1M; free cash outflow $6.7M vs $12.0M.
- Reaffirmed FY2024 revenue guidance $35-38M and free cash outflow less than $18M.
- Launched Build-Tek custom configurator and AAV-Tek AAV Stabilizer product.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1850902/000095017024058639/0000950170-24-058639-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1850902/000095017024058639/tkno-20240513.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-058639

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer