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Earnings Call Summary | Cytek Biosciences(CTKB.US) Q1 2024 Earnings Conference

Earnings Call Summary | Cytek Biosciences(CTKB.US) Q1 2024 Earnings Conference

業績電話會議摘要 | Cytek Biosciences (CTKB.US) 2024 年第一季度業績會議
富途資訊 ·  05/13 03:35  · 電話會議

The following is a summary of the Cytek Biosciences, Inc. (CTKB) Q1 2024 Earnings Call Transcript:

以下是Cytek Biosciences, Inc.(CTKB)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Cytek reported a Q1 revenue of $44.9 million, up 21% year-over-year.

  • Gross profit reached $23 million, a 9% increase on the previous year's quarter, with a GAAP gross profit margin of 51%.

  • Operating expenses increased by 1.6% to $33.7 million due to a rise in headcount and personnel-related expenses.

  • Loss from operations was $10.7 million compared to a loss from operations of $12.2 million the previous year. Net loss also improved, down from $6.8 million prior to a current $6.2 million.

  • Cash flow from operations for Q1 2024 stood at a positive $4 million and total cash and marketable securities increased by $7.7 million in the quarter to $270.4 million.

  • Cytek報告稱,第一季度收入爲4,490萬美元,同比增長21%。

  • 毛利達到2300萬美元,比上年同期增長9%,GAAP毛利率爲51%。

  • 由於員工人數和人事相關支出的增加,運營支出增長了1.6%,達到3,370萬美元。

  • 運營虧損爲1,070萬美元,而去年的運營虧損爲1,220萬美元。淨虧損也有所改善,從之前的680萬美元降至目前的620萬美元。

  • 2024年第一季度的運營現金流爲正400萬美元,該季度的現金和有價證券總額增加了770萬美元,達到2.704億美元。

Business Progress:

業務進展:

  • Cytek expanded its global footprint with 99 organic Cytek instruments sold, for a total installed base of 2,247 instruments.

  • The company opened a new larger facility in Wuxi, China to increase manufacturing capacity.

  • There are over 8,500 users using the Cytek Cloud, a set of special panel design tools.

  • The company received IVDR compliance for its single-laser, 6-color TBNK panel in the EU market and China.

  • Cytek Biosciences has been accepted across multiple organizations and expects 2024 revenue to be between $203 million and $213 million, representing a 5% to 10% growth over 2023.

  • Their portfolio strengths reside in their flagship product, the Aurora, and they aim to focus on entry-to-mid level to drive product adoption.

  • Their Orion reagent mixer has seen increasing interest and they've had early successes in converting Guava customers to the Northern Lights platform.

  • A newly opened facility supports all product manufacturing, primarily instrument production and software improvement on Northern Lights has garnered positive customer feedback.

  • Cytek擴大了其全球足跡,售出了99臺有機Cytek儀器,總安裝量爲2,247臺儀器。

  • 該公司在中國無錫開設了一座更大的新工廠,以提高製造能力。

  • 有超過8,500名用戶在使用Cytek Cloud,這是一套特殊的面板設計工具。

  • 該公司的單激光6色TBNK面板在歐盟市場和中國獲得了IVDR合規認證。

  • Cytek Biosciences已獲得多個組織的認可,預計2024年的收入將在2.03億美元至2.13億美元之間,比2023年增長5%至10%。

  • 他們的產品組合優勢在於其旗艦產品Aurora,他們的目標是將重點放在入門級到中級產品上,以推動產品採用率。

  • 他們的獵戶座試劑混合器引起了越來越多的興趣,他們在將番石榴客戶轉化爲北極光平台方面取得了早期成功。

  • 新開業的工廠支持所有產品製造,主要是儀器生產和北極光軟件改進,獲得了客戶的積極反饋。

More details: Cytek Biosciences IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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譯文內容由第三人軟體翻譯。


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