Welcome to our dedicated page for Bionano Genomics news (Ticker: BNGO), a resource for investors and traders seeking the latest updates and insights on Bionano Genomics stock.
Bionano Genomics, Inc. reports developments in genome analysis solutions built around optical genome mapping (OGM), diagnostic services, software and nucleic acid extraction technologies. Company updates commonly address OGM applications in cytogenetics, rare disease research, hematologic malignancies, reproductive disorders and other genomic-analysis workflows, including published studies comparing OGM with karyotyping, FISH, chromosomal microarrays, next-generation sequencing and long-read sequencing.
Recurring news also covers financial results, revenue outlooks, scientific-meeting presentations, Bionano Symposium activity, use of VIA™ software, the Ionic® system and Bionano Laboratories diagnostic testing services. Governance updates include board and executive leadership changes at the Nasdaq-listed life sciences instrumentation company.
Bionano Genomics, Inc. (BNGO) reported Q1 2024 revenue of $8.8 million, an 18% increase over Q1 2023. The company's total installed base of optical genome mapping systems grew by 34%, with 8,249 nanochannel array flowcells sold, a 58% increase. BNGO announced a partnership with Hangzhou Diagens Biotechnology, a direct offering of $10 million, and planned software enhancements for cancer analysis. The company reiterated full-year revenue guidance of $37.0 to $41.0 million for 2024.
Bionano Genomics, Inc. (Nasdaq: BNGO) will report its first quarter 2024 financial results on May 8, 2024, with a conference call and webcast to discuss recent corporate progress. Participants can join the event via phone or webcast and access a replay on the company's investor relations website.
Bionano Genomics, Inc. will present at the RBC Capital Markets 2024 Global Healthcare Conference, with Erik Holmlin, PhD, as the presenter. The conference will take place on May 15, 2024, and a replay will be available on the Bionano website.
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