earnings
confidence high
sentiment positive
materiality 0.65
10x Genomics reports preliminary Q4 revenue of $184M, up 18% YoY; instruments up 72%
10x Genomics, Inc.
2023-FY EPS reported
-$2.18
revenue$618,727,000
- Preliminary Q4 2023 revenue ~$184.0M, 18% growth over prior year; full-year revenue ~$618.7M, up 20%.
- Q4 instruments revenue ~$38.4M (+72% YoY), driven by Spatial ($27.2M) and Chromium ($11.1M).
- Q4 consumables revenue ~$140.3M (+7% YoY); services revenue ~$5.3M (+129% YoY).
- Cumulative instruments sold exceeded 5,900 as of year-end 2023, including over 5,150 Chromium, 500 Visium, 250 Xenium.
- Final audited results expected in February 2024 earnings call; preliminary figures subject to adjustment.