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StockNews.com
Business
Anushka Dutta

Is Now the Time to Buy Bionano Genomics (BNGO)?

Bionano Genomics, Inc. (BNGO) is a genome analysis software provider that enables genomics labs to analyze and interpret data across a range of platforms. The company’s revenue saw a significant jump in the recent past, increasing at CAGRs of 46.4% and 25.3% over the past three and five years, respectively.

However, for the quarter ended March 31, 2023, BNGO’s net loss per share came in at $0.12, missing the consensus estimate by 9.1%. Moreover, its EPS is expected to remain negative for the current fiscal year (ending December 2023).

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