OpGen - US momentum offset by one-time items
OpGen reported Q122 revenues of $470k, compared to $830k in the prior year period. The decline was largely attributable to the discontinuation of the FISH business, the conclusion of the NY Department of Health collaboration and softness in Unyvero international. In contrast, US Unyvero sales increased 76% from the prior year. In light of the current performance and anticipated slower ramp-up in China, we have trimmed our FY22–24 revenue estimates and pushed profitability to FY26 (versus FY24 previously).
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.