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Olink Holding AB (publ) American Depositary Shares - OLK STOCK NEWS

Welcome to our dedicated news page for Olink Holding AB (publ) American Depositary Shares (Ticker: OLK), a resource for investors and traders seeking the latest updates and insights on Olink Holding AB (publ) American Depositary Shares.

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Rhea-AI Summary
The Annual General Meeting of Olink Holding AB (publ) on April 19, 2024, adopted resolutions including approving balance sheets, remuneration to the Board of Directors, re-election of Board Members and auditor, incentive programs, and authorization for new share issues.
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Olink Holding AB (Nasdaq: OLK) launches a data library with 300,000 protein-disease risk associations from UK Biobank, aiding researchers in understanding 106 human diseases. The library, available on Olink Insight, provides insights into protein effects on disease risk and offers a tool for biomarker discovery. A technical webinar on April 24, 2024, will showcase leveraging this data for research.
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Olink Holding AB (OLK) reported strong financial results for the fourth quarter of 2023, with revenue reaching $68.6 million, showing an 18% year-over-year growth. Full-year revenue totaled $169.6 million, marking a 21% increase. The company ended the quarter with a cash balance of $121 million. Thermo Fisher Scientific's proposed acquisition of Olink is expected to be completed by mid-2024.
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Olink Holding AB (OLK) releases its Annual Report for 2023, accessible on the company's website.
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0.49%
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Olink Holding AB announces its Annual General Meeting to be held on April 19, 2024, in Uppsala, Sweden. Shareholders must register by April 15, 2024, to attend the meeting.
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Olink Holding AB reschedules its 2024 Annual General Meeting to April 19th, 2024, in Uppsala, Sweden.
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Thermo Fisher Scientific Inc. (TMO) reported Q4 revenue of $10.89 billion, 5% lower than the previous year. Full-year revenue was $42.86 billion, also 5% lower. GAAP diluted EPS for Q4 was $4.20, 5% higher than last year, with an adjusted EPS of $5.67, also 5% higher. The company strengthened its industry leadership, launched innovative products, and expanded its global presence. Thermo Fisher executed its capital deployment strategy, completed key acquisitions, and returned $3.5 billion to shareholders. The company initiated a guidance range for full year 2024 with revenue of $42.1 billion to $43.3 billion and adjusted EPS of $20.95 to $22.00.
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Madryn Asset Management, LP (Madryn) urges SomaLogic Inc. (Nasdaq: SLGC) shareholders to vote 'AGAINST' the proposed merger with Standard BioTools Inc. (Nasdaq: LAB). Madryn holds approximately 4.2% of SomaLogic's outstanding common stock and has published a list of key questions shareholders should ask the Board of Directors regarding the Proposed Merger.
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Olink Holding AB (publ) (Nasdaq: OLK) announced unaudited financial results for Q3 2023, with revenue of $44.2 million, a 39% YoY growth. Explore customer installations reached 87, and Signature Q100 placements reached 153. Q3 net loss was $(1.8) million, with adjusted EBITDA of $2.0 million. Olink exited Q3 2023 with a cash balance of $130 million.
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3.83%
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Olink Holding AB announces that Novogene Asia Pacific Middle East and Africa has adopted the Olink Explore HT platform for next-generation proteomics technology. This partnership enhances Novogene's research services offerings and allows scientists to measure over 5,400 proteins with high specificity and sensitivity. The integration of Olink technology will provide actionable data and insights into disease biology.
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Olink Holding AB (publ) American Depositary Shares

Nasdaq:OLK

OLK Rankings

OLK Stock Data

2.90B
40.67M
66.62%
34.6%
1.87%
Analytical Laboratory Instrument Manufacturing
Manufacturing
Link
United States of America
Uppsala

About OLK

Olink Holding AB provides accelerating proteomics together with the scientific community, across multiple disease areas to enable new discoveries and improve the lives of patients.