NASDAQ$AKYA
Akoya Biosciences Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Akoya reported the highest quarterly revenue in history and a significant increase compared to the prior year.
Akoya Biosciences reported a strong third quarter with total revenue of $13.5 million, a 35% increase year-over-year. The company saw growth in both product and service revenue, and made key additions to its management team and Board of Directors.
- Total revenue reached $13.5 million, a 35% increase compared to the prior year period.
- Product revenue increased by 38% to $10.9 million.
- Services and other revenue totaled $2.6 million, compared to $2.1 million in the prior year period.
- Gross profit increased by 42% to $8.5 million with a gross profit margin of 62.7%.
Headline financials
Revenue & EPS history
Akoya · Revenue · Quarterly
$13.5M
Revenue by segment
Akoya · $13.5M total across 2 segments · Q3 2021
- Product revenue$10.9M+38.5%80.7%
- Service and other revenue$2.6M+23.8%19.3%
Forward guidance
Akoya expects fourth quarter revenue of at least $15 million, and full year revenue of at least $53.8 million. Full year guidance has been increased from the prior guidance which had a range of $52.5 million to $53.0 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 10 quarterly earnings reports
-3.7%
Avg return
Earnings day
-8.6%
Avg return
5 days after
-17.2%
Avg return
30 days after
53%
10 / 19 earnings
Positive
+13.7%
Q4 2021
Best reaction
-31.9%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2025 | — | — | — | |
| Q2 2025 | — | — | — | |
| Q1 2025 | +1.0% | +24.8% | +23.8% | |
| Q4 2025 | +3.8% | +9.2% | -30.7% | |
| Q3 2024 | -24.9% | -33.2% | -29.5% | |
| Q2 2024 | -9.5% | -0.9% | +5.5% | |
| Q1 2024 | -31.9% | -35.1% | -50.0% | |
| Q4 2023 | -15.4% | -17.1% | -28.1% | |
| Q3 2023 | +10.0% | +6.9% | +16.4% | |
| Q2 2023 | +0.9% | -6.5% | -23.9% | |
| Q1 2023 | -2.5% | -17.1% | -18.8% | |
| Q4 2022 | -7.3% | -17.2% | -36.6% | |
| Q3 2022 | -15.1% | — | — | |
| Q2 2022 | +5.0% | — | — | |
| Q1 2022 | -11.9% | — | — | |
| Q4 2021 | +13.7% | — | — | |
| Q3 2020 | +1.5% | — | — | |
| Q3 2021 | +0.2% | — | — | |
| Q2 2021 | -0.1% | — | — | |
| Q4 2020 | +9.5% | — | — | |
| Q1 2021 | +2.3% | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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