BioLife sees 103% increase in Q2 revenue; guidance raised; shares up 15%

|About: BioLife Solutions, Inc. (BLFS)|By:, SA News Editor

Thinly traded micro cap BioLife Solutions (BLFS +15.2%) is up out the gate on the heels of its announcement that Q2 revenues should be $5.2M, up 103% yoy and up 36% sequentially.

The company has boosted it 2018 biopreservation media revenue guidance to $18.5M - 20.0M from $14.5M - 15.5M. It previously announced guidance for gross margin, operating expenses, GAAP operating profit and non-GAAP EBITDA and cash flow ops remain as is.

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