Welcome to our dedicated page for Cytek Biosciences news (Ticker: CTKB), a resource for investors and traders seeking the latest updates and insights on Cytek Biosciences stock.
Cytek Biosciences, Inc. (CTKB) delivers advanced cell analysis solutions through its patented Full Spectrum Profiling technology, serving research institutions and biotech organizations worldwide. This page provides investors and industry professionals with direct access to official company announcements and relevant news updates.
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Cytek Biosciences reported strong financial results for the first quarter of 2024, with total revenue reaching $44.9 million, a 21% increase from the previous year. The company's organic revenue saw a significant 11% growth, driven by the acquisition of product lines from Luminex Cytek also expanded its operations by opening a new facility in China and received approval for a TBNK panel. Despite a decrease in gross profit margin, the company remains focused on sustainable growth and profitability. Cytek reaffirmed its revenue guidance for 2024, expecting a positive net income for the year.
Cytek Biosciences, Inc. (Nasdaq: CTKB) will showcase its Full Spectrum Profiling™ (FSP™) technology at CYTO 2024 and AAI’s IMMUNOLOGY2024. The company offers cell analysis solutions for various fields like immunology and oncology. They will conduct educational workshops, tutorials, and exhibit their suite of instruments, reagents, software, and services at these conferences.
Cytek Biosciences, Inc. (Nasdaq: CTKB) will report its first quarter 2024 financial results on May 8, 2024. The management will hold a conference call to discuss the results, business developments, and outlook.
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