Standard BioTools (LAB) Reports Q1 Loss, Tops Revenue Estimates
Group 1 - Standard BioTools reported a quarterly loss of 0.23 per share a year ago, aligning with the Zacks Consensus Estimate [1] - The company posted revenues of 45.54 million year-over-year [2] - Standard BioTools shares have declined approximately 34.3% since the beginning of the year, contrasting with the S&P 500's decline of 3.9% [3] Group 2 - The earnings outlook for Standard BioTools is mixed, with current consensus EPS estimates at -0.16 for the current fiscal year, with revenues expected at 169.2 million respectively [7] - The Zacks Industry Rank indicates that the Medical Info Systems sector is in the top 28% of over 250 Zacks industries, suggesting a favorable industry outlook [8]