Twist Bioscience Reports First Quarter Fiscal 2021 Financial Results

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Twist Bioscience Corporation (TWST) Tops Q1 EPS by 2c, Revenues Beat; Offers FY21 Revenue Mid-Point Guidance Below Consensus

February 4, 2021 4:55 PM EST

Twist Bioscience Corporation (NASDAQ: TWST) reported Q1 EPS of ($0.72), $0.02 better than the analyst estimate of ($0.74). Revenue for the quarter came in at $28.2 million versus the consensus estimate of $25.38 million.

FISCAL 2021 FIRST QUARTER FINANCIAL RESULTS

Orders: Total orders received for the first quarter of fiscal 2021 were $33.6 million, compared to $24.8 million for the same period of fiscal 2020.Revenue: Total revenues were $28.2 million for the first quarter of fiscal 2021 compared to $17.2 million for the same period of fiscal 2020.Cost of Revenues: Cost of revenues for the first quarter of fiscal 2021 was $18.2 million... More