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Friday, May 1, 2020

BioLife Solutions sees Q1 revenue of $12M

BioLife Solutions (NASDAQ:BLFS) announces preliminary Q1 2020 total revenue of $12.1M (+110% Y/Y).
Revenue growth was driven by significantly higher demand for biopreservation media, which accounted for ~72% of total revenue.
Citing COVID-19 uncertainties, BioLife is withdrawing financial guidance for 2020.
The Company will announce Q1 results after market close on May 14, and will host a conference call at 4:30 p.m. ET.
https://seekingalpha.com/news/3567624-biolife-solutions-sees-q1-revenue-of-12m-shares-up-5-premarket

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