BioLife Solutions shares are trading lower after the company reported worse-than-expected Q2 financial results and issued FY23 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
BioLife Solutions reported worse-than-expected Q2 financial results and issued FY23 revenue guidance below estimates, causing its shares to trade lower.
August 09, 2023 | 3:00 pm
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BioLife Solutions' shares are trading lower due to worse-than-expected Q2 results and lower FY23 revenue guidance.
BioLife Solutions' worse-than-expected Q2 results and lower FY23 revenue guidance are negative indicators for the company's financial health, which is likely to negatively impact the stock price in the short term.
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IMPORTANCE 80
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