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Standard BioTools Reports Third Quarter 2024 Financial Results
LABStandard BioTools(LAB) GlobeNewswire News Room·2024-10-30 20:01

SOUTH SAN FRANCISCO, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Standard BioTools Inc. (NASDAQ: LAB) (the "Company") today announced unaudited interim financial results for the third quarter ended September 30, 2024. Recent Highlights: Reported third quarter 2024 revenue of 45millionOngoingmergercostsynergyrealizationdelivered5045 million Ongoing merger cost synergy realization delivered 50% adjusted EBITDA improvement and 35% net loss improvement year-over-year Operationalized approximately 80 million in merger synergies, expected to be fully realized in 2025 ...