Cytek Biosciences Names William McCombe Chief Financial Officer; Reaffirms 2024 Revenue Outlook Of $203M-$213M Vs $207.86M Est.
Portfolio Pulse from Benzinga Newsdesk
Cytek Biosciences, Inc. (NASDAQ:CTKB) has appointed William McCombe as its new CFO, effective immediately. McCombe, with a rich background in finance and leadership roles, including CFO positions at Velo3D, HZO, and Maxar Technologies, is expected to drive Cytek towards sustainable growth and long-term value creation. Cytek also reaffirmed its 2024 revenue outlook of $203M-$213M, indicating a 5% to 10% growth over 2023, with an expectation of positive net income for the year.

March 19, 2024 | 12:06 pm
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Cytek Biosciences appoints William McCombe as CFO and reaffirms its 2024 revenue outlook of $203M-$213M, indicating a positive trajectory for growth and financial stability.
The appointment of William McCombe as CFO brings a wealth of experience and a proven track record in financial management and growth strategies to Cytek Biosciences. His background in leading financial operations and strategic initiatives at high-growth technology companies aligns with Cytek's objectives for sustainable growth and value creation. The reaffirmation of the 2024 revenue outlook further supports a positive outlook for the company, indicating confidence in its financial health and growth trajectory. This combination of leadership and financial guidance is likely to be viewed positively by investors, potentially leading to a short-term positive impact on CTKB's stock price.
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