GuidanceThe company's guidance range has been narrowed, but policy uncertainty still weighs on near-term visibility.
Policy UncertaintyThe new product cycles underway inherently limit near-term P&L visibility, particularly against a challenging macro backdrop, NIH funding uncertainty, and an evolving tariff rate regime.
Revenue GuidancePACB decreased the lower end of its 2025 revenue guidance range due to U.S./China tariffs and NIH budget reductions.