IsoPlexis Corporation (ISO) Misses Q2 EPS by 13c

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IsoPlexis Reports Second Quarter 2022 Financial Results

August 10, 2022 7:00 AM EDT

BRANFORD, Conn., Aug. 10, 2022 (GLOBE NEWSWIRE) -- IsoPlexis Corporation (Nasdaq: ISO), a company empowering labs to leverage the cells and proteome changing the course of human health, today reported financial results for the quarter ended June 30, 2022.

Recent Highlights

Drove operational efficiencies and headcount reductions through our Reduction in Force (RIF) resulting in a $4.3 million reduction in operating expenses compared to Q1 2022, representing a 14% reduction which includes $3.7 million of nonrecurring restructuring expense. Revenue of $4.0 million for the second quarter... More