Teknova Reports Fourth Quarter and Full Year 2024 Financial Results
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Teknova reported its financial results for the fourth quarter and full year 2024. The company achieved a full year revenue of $37.7 million, marking a 3% increase year-over-year, and a fourth quarter revenue of $9.3 million, an 18% increase from the previous year. Teknova also provided a revenue guidance for 2025, projecting between $39-42 million.
March 04, 2025 | 9:30 pm
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Teknova's 2024 financial results show a modest 3% increase in full year revenue to $37.7 million, with a strong Q4 performance up 18% year-over-year. The company has set a positive revenue guidance for 2025, projecting $39-42 million.
The financial results indicate a positive growth trend for Teknova, with a significant Q4 performance and a promising revenue guidance for 2025. This suggests a likely positive impact on the stock price in the short term.
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