The chart below shows how MXCT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MXCT sees a +5.18% change in stock price 10 days leading up to the earnings, and a +5.09% change 10 days following the report. On the earnings day itself, the stock moves by -2.11%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Quarterly Revenue Increase: MaxCyte reported $8.2 million of total revenue in the third quarter, representing a 2% increase compared to $8 million in the third quarter of 2023.
Core Revenue Increase: Core revenue was reported at $8.1 million compared to $6.6 million in the comparable prior year quarter, representing a 23% increase.
Instrument Revenue Growth: Instrument revenue was $1.8 million compared to $1.7 million in the third quarter of 2023, indicating growth.
Leaser Revenue Stability: Leaser revenue was $2.5 million compared to $2.4 million in the third quarter of 2023, showing stability.
PA Revenue Growth: Processing assembly or PA revenue was $3.4 million compared to $2.2 million in the comparable prior year quarter, demonstrating strong growth.
Negative
Quarterly Revenue Increase: Total revenue in the third quarter of 2024 was $8.2 million compared to $8 million in the third quarter of 2023, representing an increase of 2%.
Core Revenue Increase: Core revenue of $8.1 million compared to $6.6 million in the comparable prior year quarter representing an increase of 23%.
Instrument Revenue Increase: Instrument revenue was $1.8 million compared to $1.7 million in the third quarter of 2023.
Leaser Revenue Increase: Leaser revenue was $2.5 million compared to $2.4 million in the third quarter of 2023.
PA Revenue Increase: Processing assembly or PA revenue was $3.4 million compared to $2.2 million in the comparable prior year quarter.
MaxCyte, Inc. (MXCT) Q3 2024 Earnings Call Transcript
MXCT.O
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