MENLO PARK, Calif. (AP) — MENLO PARK, Calif. (AP) — BillionToOne Inc. (BLLN) on Wednesday reported third-quarter earnings of $17.4 million.
The Menlo Park, California-based company said it had net income of 32 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share.
The developer of DNA molecular counting technology posted revenue of $123 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $116.2 million.
BillionToOne expects full-year revenue in the range of $460 million to $470 million.
BillionToOne shares have climbed 39% since the beginning of the year.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BLLN at https://www.zacks.com/ap/BLLN
