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techisbest

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techisbest

Re: techisbest post# 691

Friday, 03/09/2018 11:36:43 AM

Friday, March 09, 2018 11:36:43 AM

Post# of 859
Apparently the market is not happy with this:

"2018 Financial Guidance

Management is reaffirming guidance for 2018 as follows:

Biopreservation media revenue is expected to range between $13.6 million and $14.7 million, representing growth of 25% to 35% over 2017 revenue of $11.0 million.
Gross margin is expected to be between 62% and 64%, compared with 61% in 2017.
To support enhancements to our quality management system, operating expenses are expected to be $9.0 to $9.5 million, compared with $7.8 million in 2017.
Full-year GAAP operating profit, with proportional increases in adjusted EBITDA and cash flow from operations."

https://finance.yahoo.com/news/biolife-solutions-announces-fourth-quarter-210500613.html

techisbest

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