Twist Bioscience Corporation (TWST) Tops Q3 EPS by 11c, beats revenue, offers guidance

Twist Bioscience Corporation (NASDAQ: TWST) reported Q3 EPS of ($1.01), $0.11 better than the analyst estimate of ($1.12). Revenue for the quarter came in at $63.7 million versus the consensus estimate of $60.56 million.

Fiscal 2024 Financial Guidance:

For the full fiscal year 2024, Twist provided the following financial guidance:

Twist expects to exit fiscal 2024 with adjusted EBITDA breakeven for its core (SynBio, NGS) business in the fourth quarter
Operating expenses for DNA data storage are expected to be $40 million
Fiscal year end cash is projected to be $220 million

For earnings history and earnings-related data on Twist Bioscience Corporation (TWST) click here.

You May Also Be Interested In

• SanDisk and Micron surge as Apple confirms memory price pass-through
• Air France-KLM (AF:FP) (AFLYY) PT Raised to EUR13.50 at UBS
• Kroger (KR) Reports In-Line Q1 EPS, Beats on Revenue; Offers FY27 EPS Guidance