earnings
confidence high
sentiment negative
materiality 0.75
BioLife Solutions Q1 revenue $36.2M (+115% YoY); net loss $7.1M vs $1.1M
BIOLIFE SOLUTIONS INC
- GAAP EPS -$0.17 vs -$0.03; adjusted EBITDA -$814K vs +$2.8M a year ago.
- Organic revenue growth 45%; biopreservation media revenue up 53%.
- Gross margin GAAP 29%, adjusted 33%; improved sequentially from Q4 2021.
- FY22 revenue guidance reaffirmed $159.5-$171M (34-44% growth); expects positive adj. EBITDA.
- Management & board to accept shares in lieu of cash compensation.