Geopolitical And Economic HeadwindsMultiple ongoing headwinds, such as NIH budgets, China, tariffs, and biopharma funding, continue to impact revenues and margins this year.
Market ContractionRecent spending trends suggest the flow cytometry market itself may be contracting or at least stagnating.
Uncertain Growth PathThe path back to growth remains uncertain as does the potential timeline for when the CapEx cycle will reinvigorate organic growth.