Oxford Nanopore Technologies PLC (GB:ONT) has released an update.
Oxford Nanopore Technologies PLC, a leader in nanopore-based molecular sensing technology, reports steady performance amidst tough market conditions with first half 2024 revenue in line with last year’s and a gross margin improvement. The company is optimistic about the remainder of the year, expecting stronger second half results backed by new contracts and product launches. Full year and medium-term revenue growth and gross margin forecasts remain unchanged, reflecting the company’s confidence in its strategic progress.
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