Cytek Biosciences, Inc. (CTKB)
Market Cap | 940.71M |
Revenue (ttm) | 183.12M |
Net Income (ttm) | -14.12M |
Shares Out | 135.55M |
EPS (ttm) | -0.10 |
PE Ratio | n/a |
Forward PE | 48.31 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,630,948 |
Open | 6.90 |
Previous Close | 6.86 |
Day's Range | 6.76 - 7.08 |
52-Week Range | 3.80 - 13.77 |
Beta | 0.66 |
Analysts | Buy |
Price Target | 9.67 (+39.34%) |
Earnings Date | Nov 7, 2023 |
About CTKB
Cytek Biosciences, Inc., a cell analysis solutions company, provides cell analysis tools that facilitates scientific advances in biomedical research and clinical applications. It offers aurora and northern lights systems, which are spectrum flow cytometers that delivers cell analysis by utilizing the fluorescence signatures from multiple lasers to distinguish fluorescent tags on single cells; and aurora cell sorter system, which leverages full spectrum profiling technology to further broaden potential applications across cell analysis. The comp... [Read more]
Financial Performance
In 2022, CTKB's revenue was $164.04 million, an increase of 28.20% compared to the previous year's $127.95 million. Earnings were $2.58 million, a decrease of -14.16%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for CTKB stock is "Buy." The 12-month stock price forecast is $9.67, which is an increase of 39.34% from the latest price.
News

Cytek Biosciences to participate in the Piper Sandler 35th Annual Healthcare Conference
FREMONT, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced the company will be participating in the upcoming ...

Cytek® Aurora™ CS System Wins BioTech Breakthrough Award for ‘Cell Sorting Product of the Year'
The Cytek® Aurora™ CS system has been selected as the “Cell Sorting Product of the Year” in the third annual BioTech Breakthrough Awards program.

Cytek Biosciences Reports Third Quarter 2023 Financial Results
FREMONT, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Cytek® Biosciences, Inc. (“Cytek Biosciences” or “Cytek”) (Nasdaq: CTKB), a leading cell analysis solutions company, today reported financial results...

Cytek Biosciences to Report Third Quarter 2023 Financial Results on November 7, 2023
FREMONT, Calif., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced it will report financial results for the third qua...

Cytek® Biosciences Achieves ISO 13485 Certification at Headquarters
Certification Validates Company's Commitment to Quality in all Areas, Helping to Advance Roadmap for Translational and Clinical Markets in the United States Certification Validates Company's Commitmen...

Cytek Biosciences to Participate in the 2023 Cantor Fitzgerald Global Healthcare Conference
FREMONT, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced the company will be participating in the upcoming...

Cytek® Biosciences Cell Analysis Solutions Take Center Stage at Upcoming Clinical Conferences in the US and Europe
FREMONT, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, is furthering its mission to advance the next generation of high ...

Cytek® Biosciences Launches Educational Roadshow Focused on Spectral Flow Cytometry
The Cytek Reveal Roadshow Will Provide Insights to Accelerate Discoveries – from Basic Science to Highly Complex Assays The Cytek Reveal Roadshow Will Provide Insights to Accelerate Discoveries – from...

Cytek Biosciences to participate in the Morgan Stanley 21st Annual Global Healthcare Conference
FREMONT, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced the company will be participating in the upcoming...

Cytek Biosciences Appoints Dr. Philippe Busque Senior Vice President of Global Sales & Services
FREMONT, Calif., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced the appointment of Philippe Busque, Ph.D.

Cytek Biosciences to Participate in the UBS MedTech, Tools and Genomics Summit
FREMONT, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced the company will be participating in the upcoming ...

Cytek Biosciences Reports Second Quarter 2023 Financial Results
FREMONT, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Cytek® Biosciences, Inc. (“Cytek Biosciences” or “Cytek”) (Nasdaq: CTKB) today reported financial results for the second quarter ended June 30, 2023.

Cytek Biosciences to Report Second Quarter 2023 Financial Results on August 8, 2023
FREMONT, Calif., July 20, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced it will report financial results for the second qu...

Cytek Biosciences to Participate in the 44th Annual Goldman Sachs Healthcare Conference
FREMONT, Calif., May 31, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced the company will be participating in the upcoming 4...

Cytek Biosciences Announces $50 Million Stock Repurchase Program
FREMONT, Calif., May 19, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced that its Board of Directors has approved the repurc...

Cytek® Biosciences Marks Shipment of Its 100th Cell Sorter as the Company Continues to Lead Cell Analysis Forward
FREMONT, Calif., May 16, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, announced today that it has shipped its 100th Cytek Aurora CS syste...

Cytek Biosciences Reports First Quarter 2023 Financial Results
FREMONT, Calif., May 09, 2023 (GLOBE NEWSWIRE) -- Cytek® Biosciences, Inc. (“Cytek Biosciences” or “Cytek”) (Nasdaq: CTKB) today reported financial results for the first quarter ended March 31, 2023.

Cytek Biosciences to Report First Quarter 2023 Financial Results on May 9, 2023
FREMONT, Calif., April 20, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (“Cytek Biosciences” or “Cytek”) (Nasdaq: CTKB), today announced it will report financial results for the first quarter 2023...
Investment in procedural medical devices is safer for valuation, says E Squared's Les Funtleyder
Les Funtleyder, portfolio manager for E Squared Capital Management, joins 'The Exchange' to discuss big cap pharma's Q1 performance, the dollar weakness contributing to biotech gains, and investment o...

Cytek® Biosciences Introduces New 20-Color AML Panel
Optimized for Cytek Cell Analysis Systems; Single-Tube Panel Accelerates Acute Myeloid Leukemia Research and MRD Detection Optimized for Cytek Cell Analysis Systems; Single-Tube Panel Accelerates Acut...

Cytek Biosciences Reports Fourth Quarter and Full Year 2022 Financial Results
Full year 2022 revenue increased 28%, or 34% on constant currency basis, compared to prior year

Sale of Flow Cytometry and Imaging Business From DiaSorin to Cytek® Biosciences Completed
SALUGGIA, Italy, and FREMONT, Calif., Feb. 28, 2023 (GLOBE NEWSWIRE) -- DiaSorin (FTSE MIB: DIA) and Cytek Biosciences, Inc. (Nasdaq: CTKB) today announced that Luminex Corporation, a wholly owned sub...

Cytek® Biosciences to Acquire Flow Cytometry and Imaging Business from DiaSorin
SALUGGIA, Italy and FREMONT, Calif., Feb. 13, 2023 (GLOBE NEWSWIRE) -- DiaSorin (FTSE MIB: DIA) and Cytek Biosciences, Inc. (Nasdaq: CTKB) today announced that Luminex Corporation, a wholly owned subs...

Cytek Biosciences to Report Fourth Quarter and Full Year 2022 Financial Results on February 28, 2023
FREMONT, Calif., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (“Cytek Biosciences” or “Cytek”) (Nasdaq: CTKB), today announced it will report financial results for the fourth quarter and ...

Cytek® Biosciences Partners with Bio-Rad to Expand Reagent Portfolios
New Agreement Enhances High-Parameter Panels on Cytek Cell Analysis Systems New Agreement Enhances High-Parameter Panels on Cytek Cell Analysis Systems