Bionano Genomics Stock Soars As Efficiency Gains Meet Growth Story

BNGO stock is soaring. See the chart and price action here. Despite a slight year-over-year revenue dip, the stock showed resilience, gaining nearly 27% in Monday’s regular session.The Financials: Narrowing the GapFor the fourth quarter, Bionano reported revenue of $8 million, landing at the high end of its previous guidance. While this was a 3% decrease from the prior year, the real victory was in the margins. Full-year gross margins skyrocketed to 46%, a massive leap from the 1% seen in 2024.The improveme ...