BillionToOne drops after in-line quarter, maintains annual revenue outlook - BLLN News | RalliesBillionToOne drops after in-line quarter, maintains annual revenue outlook
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BLLN• Brokerage actions
- At least two brokerages cut price targets on the company.
Revenue outlook maintained
- The company maintained its annual revenue forecast to be between $450.0 million and $465.0 million.
- Q2 revenue of $109.4 million were about in line with estimates.
Shares fall after in-line quarter
- Shares of molecular diagnostics co BillionToOne BLLN.O fell 38.50% to $92.23.
- BLLN came in hot into the Q2 print and surprised folks with an in-line quarter, says brokerage BTIG.
- Stock was up 12.6% year to date.
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