Alpha Teknova (TKNO) to Release Earnings on Thursday

Alpha Teknova (NASDAQ:TKNO - Get Free Report) will release its earnings data after the market closes on Thursday, November 7th. Persons interested in participating in the company's earnings conference call can do so using this link.

Alpha Teknova (NASDAQ:TKNO - Get Free Report) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.16) by $0.03. The business had revenue of $9.61 million during the quarter, compared to the consensus estimate of $9.50 million. Alpha Teknova had a negative net margin of 98.08% and a negative return on equity of 37.00%. During the same period in the previous year, the firm posted ($0.25) earnings per share. 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 Performance

NASDAQ TKNO traded down $0.31 on Thursday, reaching $6.80. 208,616 shares of the company's stock traded hands, compared to its average volume of 223,680. The firm has a market cap of $362.46 million, a price-to-earnings ratio of -7.31 and a beta of 0.43. The stock has a 50 day moving average price of $5.28 and a 200-day moving average price of $3.31. Alpha Teknova has a fifty-two week low of $1.15 and a fifty-two week high of $7.49. The company has a debt-to-equity ratio of 0.16, a quick ratio of 3.28 and a current ratio of 4.76.

Analysts Set New Price Targets

Separately, Stephens reiterated an "overweight" rating and issued a $5.00 price objective on shares of Alpha Teknova in a research report on Wednesday, July 10th.

Alpha Teknova Company Profile

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.