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Oxford Nanopore Technologies plc

ONTTF•PNK
Healthcare
Biotechnology
$2.85
$0.01(0.35%)
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Over the last four quarters, Oxford Nanopore Technologies plc achieved steady financial progress, growing revenue from $86.002M in Q2 2023 to $84.08M in Q2 2024. Gross profit stayed firm with margins at 59% in Q2 2024 versus 58% in Q2 2023. Operating income totaled -$77.02M in Q2 2024, maintaining a -92% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$70.24M. Net income rose to -$74.65M, with EPS at -$0.09. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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