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Alpha Teknova backs FY24 revenue view 35M-$38M , consensus $37.39M

Teknova is reiterating its fiscal 2024 outlook for revenue and free cash outflow. The company continues to anticipate total revenue of $35M to $38M for the fiscal year ending December 31 which now assumes roughly 5% growth in Lab Essentials and the remaining dollar revenue from Clinical Solutions. The Company also continues to anticipate free cash outflow of less than $18M for 2024.

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