earnings
confidence high
sentiment negative
materiality 0.75
10x Genomics preannounces Q2 rev ~$114.5M (-1% YoY), hires Jim Wilbur as CCO
10x Genomics, Inc.
2022-Q2 EPS reported
-$0.94
revenue$229,105,000
- Preliminary Q2 rev of ~$114.5M, down ~1% YoY from $115.8M and flat sequentially.
- Americas rev grew 8% YoY to $70.9M; EMEA fell 11% to $25.6M; APAC fell 15% to $18.1M.
- CEO says results 'fell short of our expectations'; full Q2 results and FY2022 guidance on Aug 8.
- Appointed Jim Wilbur, Ph.D., as Chief Commercial Officer effective July 27; outgoing CCO Brad Crutchfield to transition through Dec 2022.