Oxford Nanopore Technologies PLC ( (GB:ONT) ) has issued an announcement.
Oxford Nanopore Technologies announced its annual results for 2024, highlighting a 23% growth in underlying constant currency revenue and a strong operational momentum into 2025. The company launched four new products, expanded strategic collaborations, and achieved significant contract wins, positioning itself for sustainable growth despite macroeconomic uncertainties. Financially, the company reported an improvement in EBITDA loss and maintained a robust cash position, supported by strategic investments.
More about Oxford Nanopore Technologies PLC
Oxford Nanopore Technologies plc operates in the molecular sensing technology industry, specializing in nanopore-based products. The company focuses on providing innovative solutions for genomics-driven healthcare and has expanded its market presence in Clinical, BioPharma, and Applied Industrial sectors.
YTD Price Performance: -12.58%
Average Trading Volume: 3,907,316
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £1.08B
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