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Benzinga
Benzinga
Business
Vandana Singh

THE TRUTH ABOUT: Twist bioscience turns the tide q3 sales jump beats earnings - Caught on Camera

biotech lab

What if a biotech company could flip its financial narrative from loss to profit in just a year? Twist Bioscience Corporation (NASDAQ:TWST) has done just that, reporting a surprising third-quarter income that defied analysts’ expectations

On Monday, Twist Bioscience reported a third-quarter income of 33 cents per share, a turnaround from a loss of $1.47 a year ago. The analyst consensus was a loss of 55 cents.

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