Berkeley Lights Reports First Quarter 2021 Financial Results

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Berkeley Lights (BLI) PT Lowered to $75 at Stifel

May 11, 2021 4:16 PM EDT

Stifel analyst Daniel Arias lowered the price target on Berkeley Lights (NASDAQ: BLI) to $75.00 (from $105.00) while maintaining a Buy rating.

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Berkeley Lights Inc. (BLI) Reports In-Line Q1 EPS, Revenues Beat; Offers FY21 Revenues Mid-Point Guidance Above Consensus

May 11, 2021 6:05 AM EDT

Berkeley Lights Inc. (NASDAQ: BLI) reported Q1 EPS of ($0.24), in-line with the analyst estimate of ($0.24). Revenue for the quarter came in at $18.6 million versus the consensus estimate of $16.61 million.

Recent Highlights

Total revenue of $18.6 million for the first quarter of 2021, representing 35% growth year over yearGrew the installed base to 85 platforms during... More