Alpha Teknova reports smaller-than-expected Q2 loss and revenue beat, with gross profit climbing to $4.9 million.
Alpha Teknova posted a Q2 GAAP loss per share of $0.06, narrower than the expected loss by $0.03. Revenue reached $12.2 million, up 18.4% year-over-year and $1.29 million above estimates.
Gross profit for the quarter rose to $4.9 million from $4.0 million in the same period last year. The company did not provide forward guidance but highlighted continued growth in its core markets.
Shares showed limited movement in after-hours trading as investors digested the mixed results.