Alpha Teknova Posts Negative Earnings in Q3, Revenue Slightly Below Expectations

Monday, 11 March 2024, 20:03

Alpha Teknova reported a GAAP EPS of -$0.26 in Q3, falling short of analyst expectations by $0.02. Additionally, the company's revenue of $7.9M missed estimates by $0.42M. The disappointing financial results led to a decline in the company’s stock price.
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Alpha Teknova Posts Negative Earnings in Q3, Revenue Slightly Below Expectations

Alpha Teknova Q3 Earnings Report

Alpha Teknova announced their financial results for the third quarter, reporting a GAAP EPS of -$0.26 which was lower than anticipated by $0.02. The revenue figures were also below expectations, coming in at $7.9M which missed estimates by $0.42M.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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