LAB
Standard BioTools Inc.1.4900
-0.0200-1.32%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
573.00MP/E (TTM)
-Basic EPS (TTM)
-0.39Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
Restructuring cuts 15% workforce
Standard BioTools Inc. launched a restructuring plan on September 13, 2025, cutting about 15% of its global workforce to boost efficiency and trim costs amid steady revenue forecasts. The move targets lower operating expenses while advancing long-term strategy. Severance costs hit $7.5 million, payable over coming months. Reductions risk hurting sales and development.
8-K
R&D consolidation and layoffs
Standard BioTools Inc. announced on August 28, 2025, a restructuring to consolidate its South San Francisco R&D into its Singapore facility, co-locating with manufacturing, alongside a reduction-in-force targeting U.S. R&D employees, including management. This aims to cut operating expenses and boost efficiency in line with long-term strategy. Expected costs hit $3.6 million, mostly cash severance over coming months, yet actuals could vary. Reductions risk hurting sales and development.
10-Q
Q2 FY2025 results
Standard BioTools posted Q2 revenue of $21.8M, down 3% y/y but up 1% q/q (derived), as consumables climbed 18% y/y to offset a 26% drop in instruments from softer CyTOF XT demand; gross margin expanded to 48.8% from 46.1% y/y on better mix. Operating loss narrowed to $25.7M from $30.3M y/y, fueled by 14% lower R&D and 70% fewer restructuring charges, though SG&A rose 13% from stranded costs post-SomaScan carve-out. Diluted EPS from continuing operations improved to -$0.05 from -$0.07 y/y, aligning with 380K weighted shares. Cash and equivalents stood at $158.6M with $78.5M in short-term investments, no debt, and free cash flow negative at -$57.9M (derived) amid $51.0M operating burn. On June 22, 2025, the company inked a deal to sell its SomaScan proteomics unit to Illumina for up to $425M cash plus royalties, eyeing a H1 2026 close pending HSR antitrust review. Litigation over past mergers lingers as a drag.
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