earnings
confidence high
sentiment positive
materiality 0.75
Akoya Biosciences Q2 revenue $23.2M, up 26% sequentially; COO retiring; FY guidance $96-104M
Akoya Biosciences, Inc.
2024-Q2 EPS reported
-$0.74
revenue$41,514,000
- Revenue $23.2M, up 26.2% sequentially from Q1 2024; YoY down 1.5% from $23.5M.
- Gross margin improved to 57.8% from 45.7% in Q1 2024 and 51.5% in Q2 2023.
- Operating loss narrowed to $11.1M from $21.6M in Q1 2024 and $19.2M in Q2 2023.
- Updated FY2024 revenue guidance $96-104M; reaffirms operating cash flow breakeven by year-end.
- COO Frederic Pla retiring effective August 16, 2024; will assist transition.