earnings
confidence high
sentiment positive
materiality 0.65
MaxCyte Q3 revenue up 50% to $10.1M; raises FY2021 guidance to at least $33M
MAXCYTE, INC.
2021-Q3 EPS reported
-$0.16
revenue$23,742,100
- Total revenue $10.1M (+50% YoY); net loss ($2.7M) improved from ($3.1M) prior year.
- SPL Program-related revenue $2.0M (record quarter) vs $0.3M YoY; 15 SPL agreements now.
- FY2021 revenue guidance raised to at least $33M from prior outlook of >$30M.
- Gross margin 91% (up from 89%); cash and equivalents $255.9M as of Sept 30.
- James Lovgren appointed SVP Global Marketing; previously VP at Berkeley Lights.