LAB May 5, 2026LABGeneral
Standard BioTools Reports First Quarter 2026 Financial Results
Standard BioTools Inc. reported its financial results for Q1 2026, showcasing a revenue of $21.1 million, reflecting a 5% increase from the previous year. The company achieved a 54% reduction in operating loss and a 78% improvement in adjusted EBITDA, indicating progress towards profitability. Despite challenges in instruments revenue, the overall financial health appears strong with substantial cash reserves to support future growth.
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LAB Apr 21, 2026LABGeneral
Standard BioTools to Announce First Quarter 2026 Financial Results on May 5, 2026
Standard BioTools Inc. has announced the release date for its first quarter 2026 financial results, which will be published on May 5, 2026, after the U.S. market closes. The company specializes in next-generation technologies that aid biomedical research, particularly in oncology and immunology. This announcement reflects the company's ongoing commitment to transparency and investor engagement.
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LAB Feb 25, 2026LABGeneral
Standard BioTools Reports Fourth Quarter and Full Year 2025 Financial Results
Standard BioTools Inc. reported strong financial results for Q4 and full year 2025, highlighting better-than-expected performance and operational efficiencies. The company anticipates revenue between $80 million and $85 million for fiscal year 2026. The strategic sale of SomaLogic to Illumina is expected to provide flexibility for future growth, although risks remain regarding integration and market conditions.
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LAB Feb 10, 2026LABGeneral
Standard BioTools to Announce Fourth Quarter and Full Year 2025 Financial Results on February 24, 2026
Standard BioTools Inc. has announced that it will release its fourth quarter and full year 2025 financial results on February 24, 2026, after the U.S. market closes. The company is known for its advanced technologies that assist biomedical researchers in developing better medicines. Their focus includes oncology, immunology, and immunotherapy, serving various research institutions globally.
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LAB Jan 30, 2026LABGeneral
Standard BioTools Completes Sale of SomaLogic to Illumina
Standard BioTools has completed the sale of SomaLogic to Illumina for $350 million upfront, with potential total proceeds of up to $425 million. The transaction is expected to enhance Standard BioTools' financial position, allowing for future growth and acquisitions. However, the company faces risks related to stockholder litigation and the realization of expected benefits.
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LAB Nov 4, 2025LABGeneral
Standard BioTools Reports Third Quarter 2025 Financial Results
Standard BioTools Inc. reported its third quarter financial results for 2025, highlighting a strong performance and a focus on operational efficiency. The company is implementing a restructuring plan aimed at achieving over $40 million in annual cost savings by 2026. Despite workforce reductions, the outlook remains positive with expected revenue between $165 million and $175 million for the fiscal year.
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LAB Aug 6, 2025LABGeneral
Standard BioTools and Precision Health Research, Singapore (PRECISE-SG100K) Launch Proteomics Collaboration, Selecting SomaScan to Power Large-Scale Population Health Study
Standard BioTools has partnered with Precision Health Research, Singapore, to utilize its SomaScan 11K Assay for the PRECISE-SG100K study, which will analyze 100,000 plasma samples. This collaboration aims to enhance precision medicine and healthcare outcomes in Singapore by leveraging extensive participant data. The initiative is expected to set a new standard for population-scale proteomics.
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LAB Jul 21, 2025LABConferences/Events
Standard BioTools Schedules Second Quarter Earnings Conference Call on August 11, 2025
Standard BioTools Inc. will announce its second quarter 2025 financial results on August 11, 2025. A conference call will be held at 4:30 p.m. ET to discuss these results and the company's operational progress. The call will be accessible via phone and online webcast, with an archive available afterward.
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LAB Jun 23, 2025LABGeneral
Standard BioTools Enters Next Phase of Transformation with Strategic Sale of SomaLogic to Illumina
Standard BioTools has announced the strategic sale of SomaLogic to Illumina for up to $425 million, including $350 million upfront. This move aims to simplify the company's operations and achieve adjusted EBITDA break-even. The deal retains certain commercialization rights for Standard BioTools, positioning it for future growth. The transaction is expected to close in the first half of 2026, pending regulatory approvals.
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LAB May 30, 2025LABConferences/Events
Standard BioTools to Host Inaugural “Proteomics Roundtable” Webcast Series
Standard BioTools Inc. has announced the launch of its inaugural Proteomics Roundtable Series, aimed at fostering discussions on advancements in proteomics. The first session will feature insights from researchers involved in a significant cancer study. Future sessions will cover various topics related to proteomic technologies and their applications in healthcare.
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LAB Apr 24, 2025LABConferences/Events
Standard BioTools Announces New Product Innovations in Plasma and Single-Cell Proteomics at AACR 2025
Standard BioTools Inc. has announced new product innovations in proteomics at the AACR Annual Meeting 2025. The launch includes the SomaScan Select 3.7K Assay and the CyTOF XT PRO system, aimed at enhancing translational and clinical research. The company emphasizes its commitment to advancing cancer research through innovative solutions and extensive participation in the conference.
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