BioLife Solutions (BLFS) Misses Q3 EPS by 7c; Offers FY22 Revenue Guidance

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BioLife Solutions Reports Third Quarter 2022 Financial Results

November 9, 2022 4:05 PM EST

Record revenue of $40.7 million increased 21% over Q3 2021; biopreservation media revenue growth of 50%, validating leading position as a critical cell and gene therapies tool supplier

Cash flow from operations of $1.5 million and adjusted EBITDA of $1.4 million

Tightens 2022 revenue guidance range reflecting year-over-year growth of 34% to 38% and organic growth of 37% to 40%

Conference call begins at 4:30 p.m. Eastern time today 

BOTHELL, Wash., Nov. 9, 2022 /PRNewswire/ --... More