Alpha Teknova (TKNO) Set to Announce Quarterly Earnings on Thursday

Alpha Teknova (NASDAQ:TKNO) is scheduled to be announcing its earnings results after the market closes on Thursday, November 7th. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Alpha Teknova (NASDAQ:TKNO) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($0.13) earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.03. The firm had revenue of $9.61 million during the quarter, compared to analyst estimates of $9.50 million. Alpha Teknova had a negative return on equity of 37.00% and a negative net margin of 98.08%. During the same period last year, the company posted ($0.25) EPS. On average, analysts expect Alpha Teknova to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Alpha Teknova Stock Down 3.0 %

Shares of NASDAQ:TKNO opened at $6.71 on Wednesday. The business’s 50-day moving average is $5.36 and its 200-day moving average is $3.39. Alpha Teknova has a 1 year low of $1.15 and a 1 year high of $7.49. The company has a debt-to-equity ratio of 0.16, a current ratio of 4.76 and a quick ratio of 3.28.

Wall Street Analysts Forecast Growth

Separately, Stephens reissued an “overweight” rating and issued a $5.00 price target on shares of Alpha Teknova in a research note on Wednesday, July 10th.

About Alpha Teknova

Alpha Teknova, Inc produces critical reagents for the research, discovery, development, and commercialization of novel therapies, vaccines, and molecular diagnostics in the United States and internationally. The company offers pre-poured media plates for cell growth and cloning; liquid cell culture media and supplements for cellular expansion; and molecular biology reagents for sample manipulation, resuspension, and purification.