PACB Stock Down Following In-Line Q4 Earnings, Revio Shipments Fall
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PacBio's stock declined after reporting fourth-quarter 2024 results that met expectations but showed a decrease in Revio system shipments, despite strong service and other revenues.
February 14, 2025 | 5:30 pm
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PacBio's stock fell after Q4 2024 earnings met expectations but were impacted by a decline in Revio system shipments, despite strong service revenues.
The decline in Revio system shipments negatively impacted investor sentiment, leading to a stock price drop, even though overall earnings met expectations and service revenues were strong.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100