Geopolitical RiskA policy in China was announced that is believed to add incremental risk to the stock, causing shares to trade down as the news spread.
Interest ExpenseThe interest rate on the company’s debt will increase from an annual rate of roughly 6% to a rate of roughly 7%, resulting in an additional $20 million to $25 million in annualized interest expense.
Margin PressureAEBITDA margins will take a dip in the fourth quarter due to a higher mix of instrument sales, incentive compensation, and R&D expenses.