Twist Bioscience: Growing Customer Base And Technology Platform Make Me Like This Stock

(15min)

Summary

  • Twist Bioscience has seen significant share price growth in the past year, driven by innovative DNA synthesis technology and strong revenue growth.
  • Despite challenges in the life sciences industry, the Company has shown promising revenue growth and margin improvement, with a focus on achieving profitability.
  • With a unique technology platform and growing customer base, TWST has potential for further growth and success in the market.

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Investment Overview

Twist Bioscience (NASDAQ:TWST) will announce its Fiscal Q3 2024 earnings next Friday, 2nd August - analysts' consensus is for revenues of $77.37m, and earnings per share ("EPS") of $(0.77).

This matches top-line guidance provided

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This article was written by

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Edmund Ingham is a biotech consultant. He has been covering biotech, healthcare, and pharma for over 5 years, and has put together detailed reports of over 1,000 companies. He leads the investing group Haggerston BioHealth.

The group is for both novice and experienced biotech investors. It provides catalysts to look out for and buy and sell ratings. It also provides product sales and forecasts for all the Big Pharmas, forecasting, integrated financial statements, discounted cash flow analysis and market by market analysis. Learn more.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in TWST over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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