Investing.com - Standard Biotools reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Standard Biotools announced earnings per share of $-0.370 on revenue of $25.65M. Analysts polled by Investing.com anticipated EPS of $-0.130 on revenue of $30.95M.
Standard Biotools shares are down 16% from the beginning of the year and are trading at $0.980 , down-from-52-week-high.
Standard Biotools follows other major Healthcare sector earnings this month
Standard Biotools's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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