BioLife Solutions, Inc. (BLFS)

NASDAQ: BLFS · Real-Time Price · USD
27.39
+1.28 (4.90%)
Dec 20, 2024, 4:00 PM EST - Market closed
4.90%
Market Cap 1.27B
Revenue (ttm) 146.96M
Net Income (ttm) -46.03M
Shares Out 46.39M
EPS (ttm) -1.01
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 876,300
Open 25.58
Previous Close 26.11
Day's Range 25.13 - 28.63
52-Week Range 14.50 - 28.88
Beta 1.92
Analysts Strong Buy
Price Target 29.00 (+5.88%)
Earnings Date Nov 12, 2024

About BLFS

BioLife Solutions, Inc. develops, manufactures, and markets bioproduction tools and services for the cell and gene therapy (CGT) industry in the United States, Europe, the Middle East, Africa, and internationally. The company’s products are used in the basic and applied research, and commercial manufacturing of biologic-based therapies. It offers proprietary biopreservation media products, including HypoThermosol FRS and CryoStor Freeze Media that are formulated to mitigate preservation-induced, delayed-onset cell damage and death; bioproductio... [Read more]

Sector Healthcare
IPO Date Nov 22, 1989
Employees 414
Stock Exchange NASDAQ
Ticker Symbol BLFS
Full Company Profile

Financial Performance

In 2023, BioLife Solutions's revenue was $143.27 million, a decrease of -11.43% compared to the previous year's $161.76 million. Losses were -$66.43 million, -52.49% less than in 2022.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for BLFS stock is "Strong Buy." The 12-month stock price forecast is $29.0, which is an increase of 5.88% from the latest price.

Price Target
$29.0
(5.88% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

BioLife Solutions Appoints Tony J. Hunt to its Board of Directors

BOTHELL, Wash. , Dec. 16, 2024 /PRNewswire/ -- BioLife Solutions , Inc. (Nasdaq: BLFS) ("BioLife" or the "Company"), a leading developer and supplier of bioproduction tools and services for the cell ...

Other symbols: RGEN
4 days ago - PRNewsWire

BioLife Solutions Announces $6.1 million Sale of its Custom Biogenic Systems Freezer Subsidiary

Completes the Company's strategic move away from capital equipment businesses BOTHELL, Wash. , Nov. 14, 2024 /PRNewswire/ --  BioLife Solutions , Inc. (NASDAQ: BLFS) ("BioLife" or the "Company"), a le...

5 weeks ago - PRNewsWire

BioLife Solutions, Inc. (BLFS) Q3 2024 Earnings Call Transcript

BioLife Solutions, Inc. (NASDAQ:BLFS) Q3 2024 Earnings Conference Call November 13, 2024 4:30 PM ET Company Participants Troy Wichterman - Chief Financial Officer Rod de Greef - Chairman and Chief Ex...

5 weeks ago - Seeking Alpha

BioLife Solutions Reports Third Quarter 2024 Financial Results

Cell Processing revenue grew 6%  sequentially to $19.0 million; 43% increase compared to 2023 GAAP gross margin of 51%  and non-GAAP adjusted gross margin of 54% GAAP net loss from continuing operatio...

5 weeks ago - PRNewsWire

BioLife Solutions Announces $73 Million Sale of its SciSafe Biostorage Subsidiary

Strategic divestiture heightens focus on proprietary, higher-margin cell processing products All-cash transaction fortifies balance sheet BOTHELL, Wash. , Nov. 12, 2024 /PRNewswire/ --  BioLife Soluti...

5 weeks ago - PRNewsWire

BioLife Solutions to Report Third Quarter 2024 Financial Results and Business Update on November 12, 2024

BOTHELL, Wash. , Oct. 31, 2024 /PRNewswire/ -- BioLife Solutions, Inc. (NASDAQ: BLFS), a leading developer and supplier of bioproduction products and services for the cell and gene therapies ("CGT") a...

7 weeks ago - PRNewsWire

BioLife Is Cleaning Ship

BioLife was overextended on acquisitions, leading to margin compression and dilution of shareholder capital. The company has divested from non-core businesses, focusing on preservation media where it ...

4 months ago - Seeking Alpha

BioLife Solutions, Inc. (BLFS) Q2 2024 Earnings Call Transcript

BioLife Solutions, Inc. (NASDAQ:BLFS) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Troy Wichterman – Chief Financial Officer Rod de Greef – Chairman and Chief Execu...

4 months ago - Seeking Alpha

BioLife Solutions Reports Second Quarter 2024 Financial Results

Cell Processing revenue increased 11%  sequentially to $18.0 million GAAP gross margin of 51%  and non-GAAP adjusted gross margin of 52% GAAP net loss from continuing operations of $7.1 million and no...

4 months ago - PRNewsWire

BioLife Solutions to Report Second Quarter 2024 Financial Results and Business Update on August 8, 2024

BOTHELL, Wash. , July 25, 2024 /PRNewswire/ -- BioLife Solutions, Inc. (NASDAQ: BLFS), a leading supplier of class-defining bioproduction tools and services for the cell and gene therapies ("CGT") and...

5 months ago - PRNewsWire

BioLife Solutions Introduces the CellSeal CryoCase™ at International Society for Cell & Gene Therapies (ISCT) Conference in Vancouver

New container developed for the needs of cell and gene therapy (CGT) primary packaging to replace cryopreservation bags with a fracture resistant, rigid construction built for both manual use and clos...

7 months ago - PRNewsWire

BioLife Solutions, Inc. (BLFS) Q1 2024 Earnings Call Transcript

Start Time: 16:30 January 1, 0000 5:02 PM ET BioLife Solutions, Inc. (NASDAQ:BLFS) Q1 2024 Earnings Conference Call May 09, 2024, 16:30 PM ET Company Participants Rod de Greef - Chairman and CEO Troy...

8 months ago - Seeking Alpha

BioLife Solutions Reports First Quarter 2024 Financial Results

Cell Processing revenue increased 10% sequentially to $16.2 million GAAP gross margin of 38%  and net loss of $10.2 million Non-GAAP adjusted gross margin expands from 40%  to 53%  and adjusted EBITDA...

8 months ago - PRNewsWire

BioLife Solutions to Report First Quarter 2024 Financial Results and Business Update on May 9, 2024

BOTHELL, Wash., April 30, 2024 /PRNewswire/ -- BioLife Solutions, Inc. (NASDAQ: BLFS), a leading supplier of class-defining bioproduction tools and services for the cell and gene therapies ("CGT") and...

8 months ago - PRNewsWire

BioLife Solutions Announces the Divestiture of its Stirling Freezer Business

BOTHELL, Wash. , April 18, 2024 /PRNewswire/ --  BioLife Solutions, Inc. (NASDAQ: BLFS) ("BioLife" or the "Company"), a leading developer and supplier of bioproduction products and services for the ce...

8 months ago - PRNewsWire

BioLife Solutions to Present at TD Cowen and Key Bank Investor Conferences

BOTHELL, Wash. , March 4, 2024 /PRNewswire/ -- BioLife Solutions, Inc. (NASDAQ: BLFS), a leading supplier of class-defining bioproduction tools and services for the cell and gene therapies ("CGT") and...

10 months ago - PRNewsWire

BioLife Solutions, Inc. (BLFS) Q4 2024 Earnings Call Transcript

BioLife Solutions, Inc. (BLFS) Q4 2024 Earnings Call Transcript

10 months ago - Seeking Alpha

BioLife Solutions Reports Fourth Quarter and Full Year 2023 Financial Results

Fourth quarter Cell Processing revenue up 11% sequentially to $14.8 million, and positive adjusted EBITDA of $700,000 Expects 2024 revenue of $95.5 - $100.0 million excluding freezer business and posi...

10 months ago - PRNewsWire

BioLife Solutions to Report Fourth Quarter and Full Year 2023 Financial Results and Business Update on February 29, 2024

BOTHELL, Wash. , Feb. 20, 2024 /PRNewswire/ -- BioLife Solutions, Inc. (NASDAQ: BLFS), a leading supplier of class-defining bioproduction tools and services for the cell and gene therapies ("CGT") and...

10 months ago - PRNewsWire

BioLife Solutions Announces Preliminary Fourth Quarter and Full Year 2023 Unaudited Revenue

Fourth quarter Cell Processing revenue increased 11% sequentially to $14.8 million BOTHELL, Wash. , Jan. 8, 2024 /PRNewswire/ -- BioLife Solutions, Inc. (NASDAQ: BLFS) ("BioLife" or the "Company"), a ...

1 year ago - PRNewsWire

BioLife Solutions: A Complicated Tale

BioLife Solutions, Inc. is trading near 52-week lows as its growth story has floundered and profitability remains uncertain. The company offers bioproduction tools and services for the cell and gene t...

1 year ago - Seeking Alpha

BioLife Solutions, Inc. (BLFS) Q3 2023 Earnings Call Transcript

BioLife Solutions, Inc. (NASDAQ:BLFS) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Troy Wichterman - CFO Rod de Greef - Chairman and CEO Conference Call Participa...

1 year ago - Seeking Alpha

BioLife Solutions Reports Third Quarter 2023 Financial Results

Conference call begins at 4:30 p.m. Eastern time today  BOTHELL, Wash.

1 year ago - PRNewsWire

BioLife Solutions to Provide Third Quarter 2023 Financial Results and Business Update on November 9, 2023

BOTHELL, Wash. , Nov. 2, 2023 /PRNewswire/ -- BioLife Solutions, Inc. (NASDAQ: BLFS), a leading supplier of class-defining bioproduction tools and services for the cell and gene therapies ("CGT") and ...

1 year ago - PRNewsWire

BioLife Solutions Announces Leadership Transitions & Preliminary Third Quarter Revenue with Updated Outlook for 2023

Roderick de Greef appointed Chairman and Chief Executive Officer bringing 20+ years of prior BioLife experience Garrie Richardson appointed Chief Revenue Officer Preliminary Q3 revenue of $33.3 millio...

1 year ago - PRNewsWire