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DewDiligence

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DewDiligence

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Re: semi_infinite post# 243237

Tuesday, 04/16/2024 12:46:48 PM

Tuesday, April 16, 2024 12:46:48 PM

Post# of 251654
PACB—(-44%)—pre-announces flat 1Q24 revenue:

https://www.prnewswire.com/news-releases/pacbio-announces-preliminary-first-quarter-2024-revenue-and-updates-2024-revenue-guidance-302117738.html

Preliminary [1Q24] revenue of $38.8 million, roughly flat compared with $38.9 million in the prior-year period.

I don’t follow the company closely, so I’m not sure if the revenue flatlining is company-specific or sector-specific.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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