Maravai LifeSciences (MRVI) Tops Q4 EPS by 7c; Guides Higher

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Maravai LifeSciences Reports Fourth Quarter and Full Year 2021 Financial Results and Updates 2022 Financial Guidance

February 23, 2022 4:05 PM EST

SAN DIEGO, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Maravai LifeSciences Holdings, Inc. (Maravai) (NASDAQ: MRVI), a global provider of life science reagents and services to researchers and biotech innovators, today reported financial results for the fourth quarter and the full year ended December 31, 2021, together with other business updates. Recent highlights include:

Fourth quarter 2021 revenue of $228.4 million increased 132% over the prior year;Net income of $127.1 million for the fourth quarter, representing growth of 778% over the prior year;Full year 2021 revenue of $799.2... More