BioLife Solutions, Inc. (BLFS) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS
BioLife Solutions, Inc. (NASDAQ:BLFS) announced its earnings results on Thursday. The medical equipment provider reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.03, Bloomberg Earnings reports. BioLife Solutions had a negative return on equity of 58.57% and a negative net margin of 52.10%. The business had revenue of $2.96 million for the quarter, compared to the consensus estimate of $2.60 million.
BioLife Solutions (BLFS) opened at $5.91 on Friday. BioLife Solutions has a 1-year low of $1.50 and a 1-year high of $7.53.
Separately, Maxim Group upped their price objective on BioLife Solutions from $7.00 to $8.00 and gave the stock a “buy” rating in a report on Friday.
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BioLife Solutions Company Profile
BioLife Solutions, Inc (BioLife) is engaged in the developing, manufacturing and marketing a portfolio of biopreservation tools and services for cells, tissues and organs, including clinical grade cell and tissue hypothermic storage and cryopreservation freeze media and a related cloud hosted biologistics cold chain management application for shippers.
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