earnings
confidence high
sentiment negative
materiality 0.75
10x Genomics Q4 revenue down 10% YoY to $165M; FY2024 net loss $182.6M; guidance ~flat
10x Genomics, Inc.
2024-FY EPS reported
-$1.52
revenue$610,785,000
- Q4 2024 revenue $165.0M (-10% YoY); full year $610.8M (-1% YoY).
- Q4 operating loss $49.8M, net loss $49.0M (unchanged YoY).
- Full year 2024 net loss $182.6M, improved from $255.1M loss in 2023.
- FY2025 revenue guidance $610M-$630M (0-3% growth); midpoint implies double-digit growth for Chromium and spatial.
- Cash and securities $393.4M; launched Billion Cells Project with CZI and Ultima Genomics.