Loading...
•
Sep 30, 2023
Akoya Q3 2023 Earnings Report
Akoya reported record revenue with strong financial performance and maintained stable operating expenses.
Key Takeaways
Akoya Biosciences reported a record revenue of $25.2 million for Q3 2023, a 34% increase compared to the previous year. The company is focused on improving workflow throughput and expanding its menu of ready-to-use panels.
Total revenue reached $25.2 million, a 34% increase year-over-year.
Product revenue increased by 25% to $18.0 million.
Service and other revenue increased by 62% to $7.2 million.
Gross profit increased by 40% to $15.3 million with a gross profit margin of 60.6%.
Revenue by Segment
Forward Guidance
The company continues to expect full year 2023 revenue in the range of $95-98 million.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...