Alpha Teknova (NASDAQ:TKNO) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$9.58m (up 17% from 3Q 2023).
• Net loss: US$7.57m (loss narrowed by 26% from 3Q 2023).
• US$0.15 loss per share (improved from US$0.34 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Alpha Teknova Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 29%.

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Life Sciences industry in the US.

Performance of the American Life Sciences industry.

The company's shares are up 1.4% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Alpha Teknova that you should be aware of.

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