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Replies to post #214848 on Biotech Values
DewDiligence
04/08/20 6:13 PM
#230718 RE: DewDiligence #214848
• Total revenue expected to be approximately $38.7 million, representing an increase of approximately 80% over the first quarter of 2019 o ePlex revenue expected to be approximately $34.3 million, an increase of approximately 119% compared to the first quarter of 2019 o Average annuity per analyzer of approximately $214,000, up 29% versus the first quarter of 2019 • COVID-19 positively impacted first quarter placements and revenue o Approximately 80% of gross placements included interest in COVID-19 testing o SARS-CoV-2 consumable revenue accounted for approximately 5% of total ePlex revenue • Gross margin expected to be approximately 40%, compared to 27% in the first quarter of 2019