Maravai Lifesciences reports Q2 EPS (5c), consensus 0c

Reports Q2 revenue $73.4M, consensus $71.63M. “During the quarter Maravai made exciting progress against our strategic priorities, including the achievement of key production milestones at our new Flanders GMP facilities and the introduction of new products across all of our businesses,” said Trey Martin, Chief Executive Officer of Maravai. “Our balance sheet remains strong and we are well positioned to execute on both organic and inorganic opportunities to bolster our market position and provide our customers with novel solutions. We remain committed to building a strong foundation for long-term, sustainable growth and creating value for our shareholders.”