Bionano Genomics, Inc. (BNGO)

NASDAQ: BNGO · Real-Time Price · USD
0.209
-0.015 (-6.77%)
Nov 20, 2024, 4:00 PM EST - Market closed
-6.77%
Market Cap 20.08M
Revenue (ttm) 33.33M
Net Income (ttm) -135.78M
Shares Out 95.88M
EPS (ttm) -1.92
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,929,520
Open 0.230
Previous Close 0.225
Day's Range 0.201 - 0.230
52-Week Range 0.201 - 2.270
Beta 2.37
Analysts Hold
Price Target 1.00 (+377.56%)
Earnings Date Nov 13, 2024

About BNGO

Bionano Genomics, Inc. provides genome analysis software that enables genomics labs to analyze and interpret data across a range of platforms to generate informative data visualizations for streamlined and simple reporting of causal variants. It offers Saphyr, a sample-to-result solution for structural variation analysis by optical genome mapping for genome analysis and understanding of genetic variation and function; Saphyr instrument, a single-molecule imager; Saphyr Chip, a consumable that packages the nanochannel arrays for DNA linearizatio... [Read more]

Sector Healthcare
IPO Date Aug 21, 2018
Employees 344
Stock Exchange NASDAQ
Ticker Symbol BNGO
Full Company Profile

Financial Performance

In 2023, Bionano Genomics's revenue was $36.12 million, an increase of 29.90% compared to the previous year's $27.80 million. Losses were -$232.49 million, 75.3% more than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for BNGO stock is "Hold." The 12-month stock price forecast is $1.0, which is an increase of 377.56% from the latest price.

Price Target
$1.0
(377.56% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Bionano Genomics, Inc. (BNGO) Q3 2024 Earnings Call Transcript

Bionano Genomics, Inc. (NASDAQ:BNGO) Q3 2024 Earnings Call Transcript November 13, 2024 4:30 PM ET Company Participants David Holmes - IR Erik Holmlin - CEO and Principal Financial Officer Conference...

7 days ago - Seeking Alpha

Bionano Reports Third Quarter 2024 Results and Highlights Recent Business Progress

Q3 2024 revenue was $6.1 million, which comprises $6.6 million in core product and software sales which is offset by $0.5 million because of a write-down of aged receivables tied to discontinued clini...

7 days ago - GlobeNewsWire

Optical Genome Mapping Market to Witness 26.76% CAGR During 2024-2030 - Consumables and Reagents to Register High Growth - Bionano Genomics, Nucleome Informatics, and Praxis Genomics Dominate the Industry

Dublin, Nov. 04, 2024 (GLOBE NEWSWIRE) -- The "Optical Genome Mapping Market Size, Share & Trends Analysis, 2024-2030" report has been added to ResearchAndMarkets.com's offering. The global optical ge...

17 days ago - GlobeNewsWire

Bionano Announces Closing of $3 Million Registered Direct Offering Priced At-the-Market under Nasdaq Rules

SAN DIEGO, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Bionano Genomics, Inc. (Nasdaq: BNGO) today announced the closing of its previously announced registered direct offering priced at-the-marker under Nasdaq ...

20 days ago - GlobeNewsWire

Bionano Adjourns Special Meeting of Stockholders to November 27, 2024

SAN DIEGO, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Bionano Genomics, Inc. (Nasdaq: BNGO) announced today that it adjourned its reconvened Special Meeting of Stockholders originally held on October 2, 2024 a...

20 days ago - GlobeNewsWire

Bionano Announces Preliminary 3Q 2024 Revenues and Cash

SAN DIEGO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Bionano Genomics, Inc. (Nasdaq: BNGO) today announced select preliminary results for the quarter ended September 30, 2024. The Company now expects revenue ...

5 weeks ago - GlobeNewsWire

Bionano Genomics, Inc. (BNGO) Canaccord Genuity 44th Annual Growth Conference (Transcript)

Bionano Genomics, Inc. (NASDAQ:BNGO) Canaccord Genuity 44th Annual Growth Results Conference August 13, 2024 3:30 PM ET Company Participants Erik Holmlin - President and Chief Executive Officer Confe...

3 months ago - Seeking Alpha

Bionano Genomics, Inc. (BNGO) Q2 2024 Earnings Call Transcript

Bionano Genomics, Inc. (NASDAQ:BNGO) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants David Holmes - Investor Relations Erik Holmlin - President & Chief Executive Offic...

3 months ago - Seeking Alpha

Bionano Reports Second Quarter 2024 Results and Highlights Recent Business Progress

Q2 2024 revenue was $7.8 million, which represents a 10% decrease from Q2 2023 Total installed base of 363 optical genome mapping (OGM) systems as of Q2 2024, which represents a 29% increase over Q2 2...

3 months ago - GlobeNewsWire

Bionano to Present at the Canaccord Genuity 44th Annual Growth Conference

SAN DIEGO, July 31, 2024 (GLOBE NEWSWIRE) -- Bionano Genomics, Inc. (Nasdaq: BNGO) today announced that Erik Holmlin, PhD, Bionano's president and chief executive officer, will present at the Canaccor...

4 months ago - GlobeNewsWire

Bionano Announces Closing of up to $30 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

$10 million upfront with up to an additional $20 million upon the exercise in full of clinical milestone-linked Series Warrants $10 million upfront with up to an additional $20 million upon the exerci...

4 months ago - GlobeNewsWire

Bionano Announces up to $30 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

$10 million upfront with up to an additional $20 million upon the exercise in full of clinical milestone-linked Series Warrants $10 million upfront with up to an additional $20 million upon the exerci...

4 months ago - GlobeNewsWire

Scientific Presentations Highlight OGM's Utility for Cancer Research at Joint Annual Meeting for Three Molecular and Cytogenetic Associations

SAN DIEGO, July 02, 2024 (GLOBE NEWSWIRE) -- Bionano Laboratories, a clinical laboratory services business of Bionano Genomics, Inc. (Nasdaq: BNGO), today announced that optical genome mapping (OGM) w...

5 months ago - GlobeNewsWire

Bionano Announces Software Marketing Agreement with Revvity for Newborn Sequencing Research

Bionano has entered into a software marketing agreement with Revvity, Inc. (Revvity) under which Revvity will market and commercialize Bionano's VIA™ software to Revvity's next generation sequencing (...

5 months ago - GlobeNewsWire

Bionano Laboratories Announces New Category I CPT Code for OGM Use in Hematological Malignancy Analysis

American Medical Association issues Category I CPT code for the use of optical genome mapping in genome-wide analysis related to hematological malignancies

5 months ago - GlobeNewsWire

Lab Instrument Industry Update - New Commercial Entrants

Lab Instrument and Services providers in the healthcare industry can generate high recurring revenues. Many loss-making instrument makers in the industry may not provide meaningful returns and carry h...

6 months ago - Seeking Alpha

Bionano Genomics, Inc. (BNGO) Q1 2024 Earnings Call Transcript

Start Time: 16:30 January 1, 0000 4:27 PM ET Bionano Genomics, Inc. (NASDAQ:BNGO) Q1 2024 Earnings Conference Call May 08, 2024, 16:30 PM ET Company Participants Erik Holmlin - President and CEO Güls...

7 months ago - Seeking Alpha

Bionano Reports First Quarter 2024 Results and Highlights Recent Business Progress

SAN DIEGO, May 08, 2024 (GLOBE NEWSWIRE) -- Bionano Genomics, Inc. (Nasdaq: BNGO) today reported financial results for the first quarter ended March 31, 2024.

7 months ago - GlobeNewsWire

Bionano Announces Publication Showing that OGM Detects Over 1250 Structural Variants, including 56 Gene Fusions, in Pediatric Leukemia that were Missed by Whole Genome Sequencing

Researchers used optical genome mapping in addition to whole genome sequencing in pediatric leukemia samples and identified additional structural variants.

7 months ago - GlobeNewsWire

Bionano Announces $10 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

SAN DIEGO, April 04, 2024 (GLOBE NEWSWIRE) -- Bionano Genomics, Inc. (Nasdaq: BNGO) today announced that it has entered into definitive agreements for the purchase and sale of an aggregate of 8,733,62...

8 months ago - GlobeNewsWire

Bionano Announces Publication Showing that OGM Identifies Genetic Aberrations in Sarcoma Samples that May Lead to Improved Diagnosis but were Missed by Classical Cytogenetics

SAN DIEGO, April 03, 2024 (GLOBE NEWSWIRE) -- Bionano Genomics, Inc. (Nasdaq: BNGO), today announced the publication of a peer-reviewed study that compared optical genome mapping (OGM) to classical cy...

8 months ago - GlobeNewsWire

Bionano Announces Extensive Lineup of Content at American College of Medical Genetics and Genomics (ACMG) Annual Meeting Including Live Product Showcase Featuring the Company's New Stratys™ System

SAN DIEGO, March 07, 2024 (GLOBE NEWSWIRE) -- Bionano Genomics, Inc. (Nasdaq: BNGO) today announced its participation in the American College of Medical Genetics and Genomics (ACMG) Annual Clinical Ge...

9 months ago - GlobeNewsWire

Bionano Genomics, Inc. (BNGO) Q4 2023 Earnings Call Transcript

Bionano Genomics, Inc. (BNGO) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Bionano Reports Fourth Quarter and Full-Year 2023 Results and Provides Revenue Outlook for 2024

SAN DIEGO, March 05, 2024 (GLOBE NEWSWIRE) -- Bionano Genomics, Inc. (Nasdaq: BNGO) today reported financial results for the fourth quarter and full year ended December 31, 2023 and revenue outlook fo...

9 months ago - GlobeNewsWire

Bionano to Present at TD Cowen's 44th Annual Health Care Conference

SAN DIEGO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Bionano Genomics, Inc. (Nasdaq: BNGO) today announced that Erik Holmlin, PhD, Bionano's president and chief executive officer, will present at TD Cowen's 4...

9 months ago - GlobeNewsWire