Alpha Teknova, Inc. (TKNO) Misses Q3 EPS by 50c

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Go back to Alpha Teknova, Inc. (TKNO) Misses Q3 EPS by 50c

Teknova Reports Third Quarter 2022 Financial Results

November 9, 2022 4:01 PM EST

Third quarter 2022 total revenue was $10.7 million, up 14% year-over-year
Company updates 2022 revenue outlook to $40-42 million
Cash position of $50 million supports path to profitability

HOLLISTER, Calif., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Alpha Teknova, Inc. (Teknova or the Company) (Nasdaq: TKNO), a leading provider of critical reagents for the discovery, research, development, and commercialization of drug therapies, novel vaccines, and molecular diagnostics, today announced financial results for the third quarter ended September 30, 2022.

Teknova delivered a solid third quarter revenue performance, driven by robust Lab Essentials growth and... More