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Cytek Biosciences to participate at the TD Cowen 46th Annual Health Care Conference
Globenewswire· 2026-02-18 21:05
FREMONT, Calif., Feb. 18, 2026 (GLOBE NEWSWIRE) -- Cytek Biosciences, Inc. (Nasdaq: CTKB), a leading cell analysis solutions company, today announced the company will be participating in the upcoming TD Cowen 46th Annual Health Care Conference in Boston, MA. Cytek management is scheduled to participate in a hybrid presentation and fireside chat on Wednesday, March 4th at 8:10 a.m. Pacific Time / 11:10 a.m. Eastern Time. Interested parties may access a live and archived webcast of the presentation on the “In ...
Cytek Biosciences Announces Preliminary Fourth Quarter and Full Year 2025 Revenue Results
Globenewswire· 2026-01-12 10:00
Core Insights - Cytek Biosciences, Inc. announced preliminary, unaudited revenue results for Q4 and full year 2025, expecting total revenue of approximately $201 million for the year and about $62 million for Q4, reflecting growth of 8% year-over-year and 19% quarter-over-quarter [2][3] Financial Performance - The expected revenue for the full year 2025 is approximately $201 million [2] - Q4 2025 revenue of approximately $62 million shows an 8% increase compared to Q4 2024 and a 19% increase compared to Q3 2025 [2] Growth Drivers - The growth in Q4 2025 is attributed to strong performance in Services, Reagents, and instrument revenue in the Asia Pacific region, along with improved instrument sales in the US and EMEA [3] - The CEO highlighted a return to positive growth in instrument sales in EMEA during Q4 [3] Future Outlook - The company believes it is well-positioned for sustainable growth and profitability in the flow cytometry market [3] - Cytek plans to report comprehensive financial results for Q4 and full year 2025 and provide guidance for 2026 during an earnings call expected in late February 2026 [3] Company Overview - Cytek Biosciences specializes in cell analysis solutions, utilizing its patented Full Spectrum Profiling™ technology to enhance cell analysis tools [5] - The company's product offerings include various flow cytometers, reagents, and software, aimed at providing integrated solutions for customers [5]
Cytek Biosciences Announces Preliminary Fourth Quarter and Full Year 2025 Revenue Results
Globenewswire· 2026-01-12 10:00
Core Viewpoint - Cytek Biosciences, Inc. anticipates a total revenue of approximately $201 million for the full year 2025, with fourth-quarter revenue expected to be around $62 million, indicating growth compared to previous periods [2][3]. Financial Performance - The expected revenue for the fourth quarter of 2025 represents an 8% increase compared to the fourth quarter of 2024 and a 19% increase compared to the third quarter of 2025 [2]. - The fourth quarter revenue growth reflects a meaningful acceleration compared to earlier quarters in 2025, driven by strong growth in Services, Reagents, and instrument revenue in the Asia Pacific region, as well as improvements in the US and EMEA markets [3]. Company Presentation - Cytek will present at the 44th Annual J.P. Morgan Healthcare Conference on January 14, 2026, at 5:15 PM Pacific Time, with live and archived webcasts available on the company's website [4]. Company Overview - Cytek Biosciences is a leading cell analysis solutions company that utilizes its patented Full Spectrum Profiling™ (FSP) technology to deliver high-resolution and high-sensitivity cell analysis tools [5]. - The company's product offerings include various flow cytometers, imaging products, reagents, and software, aimed at providing a comprehensive suite of solutions for customers [5].
TIME Recognizes Cytek® Biosciences as One of America’s Growth Leaders of 2026
Globenewswire· 2025-11-12 22:00
Core Insights - Cytek Biosciences, Inc. has been recognized as one of America's Growth Leaders of 2026 by TIME in partnership with Statista, highlighting its exceptional growth, financial stability, and stock performance over the past five years [1][14]. Company Overview - Cytek Biosciences specializes in high-parameter cell analysis solutions, utilizing its patented Full Spectrum Profiling™ (FSP) technology to deliver innovative tools for laboratories [7]. - The company is headquartered in Fremont, California, and has a global presence with offices and distribution channels [7]. Financial Performance - The inclusion in TIME's list signifies Cytek's strong financial foundation and sustained business expansion, reflecting its ability to deliver long-term value [2][5]. - Cytek's FSP systems are referenced in over 3,200 peer-reviewed publications, indicating their significant impact on global research [4]. Innovation and Technology - Cytek's mission is to make high-parameter cell analysis more accessible and cost-effective, addressing urgent challenges in health and science, such as cancer research and vaccine development [3]. - The company's FSP technology sets a new standard in flow cytometry, enhancing the precision and sensitivity of cell analysis [3][7]. Market Position - Being named to the Growth Leaders list places Cytek among an elite group of companies demonstrating resilience and a forward-looking approach in a dynamic market [5].
TIME Recognizes Cytek® Biosciences as One of America's Growth Leaders of 2026
Globenewswire· 2025-11-12 22:00
Core Insights - Cytek Biosciences, Inc. has been recognized in TIME's 2026 list of America's Growth Leaders, highlighting its exceptional growth, financial stability, and stock performance over the past five years [1][5] - The inclusion in this list signifies Cytek's strong financial foundation and sustained business expansion, particularly in delivering innovative cell analysis solutions [2][5] Company Overview - Cytek Biosciences specializes in high-parameter cell analysis solutions, utilizing its patented Full Spectrum Profiling™ (FSP®) technology to enhance the precision and sensitivity of cell analysis [6] - The company aims to make high-parameter cell analysis more accessible and cost-effective for laboratories of all sizes, addressing urgent challenges in health and scientific research [3][4] Industry Impact - Cytek's FSP systems are referenced in over 3,200 peer-reviewed publications, demonstrating their significant impact on global research [4] - The company's innovations support advancements in cancer research, cell and gene therapies, vaccine development, and responses to emerging diseases [3][4]
Cytek Biosciences Reports Third Quarter 2025 Financial Results
Globenewswire· 2025-11-05 21:05
Core Insights - Cytek Biosciences reported a total revenue of $52.3 million for Q3 2025, reflecting a 2% increase compared to Q3 2024, driven by growth in the US, APAC, and other regions, despite a decline in EMEA [4][10] - The company experienced a GAAP gross profit of $27.6 million, a 5% decrease from the previous year, with a gross profit margin of 53% compared to 56% in Q3 2024 [5][10] - Operating expenses rose to $36.7 million, a 10% increase year-over-year, primarily due to a significant rise in general and administrative expenses [6][8] - The company reported a loss from operations of $9.2 million, compared to a loss of $4.2 million in Q3 2024, and a net loss of $5.5 million compared to a net income of $0.9 million in the same period last year [9][10] - Cytek's total recurring revenue grew by 19% year-over-year, indicating strong performance in service and reagent revenues [10] - The company reaffirmed its 2025 revenue guidance, expecting total revenue to be in the range of $196 million to $205 million, representing a growth of -2% to +2% over 2024 [12] Financial Performance - Total revenue for Q3 2025 was $52.3 million, up from $51.5 million in Q3 2024 [4][10] - GAAP gross profit was $27.6 million, down from $29.0 million in Q3 2024, with a gross profit margin of 53% [5][10] - Operating expenses were $36.7 million, with R&D expenses at $9.0 million (down 9%) and sales and marketing expenses at $11.7 million (down 6%) [6][7] - The net loss for Q3 2025 was $5.5 million, compared to a net income of $0.9 million in Q3 2024 [9][10] Strategic Developments - The installed base of Cytek instruments expanded to 3,456, with 161 new units added in Q3 2025 [10] - The company expanded its European headquarters in Amsterdam, increasing its footprint by over 40% [10] - Cytek's revenue from biotechnology, pharmaceutical, and clinical research organization customers grew by 14% year-over-year [10]
Cytek Biosciences to Report Third Quarter 2025 Financial Results on November 5, 2025
Globenewswire· 2025-10-22 20:05
Core Insights - Cytek Biosciences, Inc. will report its financial results for Q3 2025 on November 5, 2025, after market close, followed by a conference call to discuss the results and outlook [1] Company Overview - Cytek Biosciences is a leading company in cell analysis solutions, utilizing its patented Full Spectrum Profiling™ (FSP) technology to deliver high-resolution and high-sensitivity cell analysis tools [2] - The company's product offerings include FSP instruments such as Cytek Aurora™, Northern Lights™, and Cytek Orion™, along with various reagents and software, providing a comprehensive suite of solutions for customers [2] - Cytek is headquartered in Fremont, California, with a global presence through offices and distribution channels [2] Product Usage - Cytek's products are intended for research use only, with specific exceptions for clinical use in China and the European Union for certain systems and reagents [3] Information Distribution - The company utilizes multiple channels, including its website, LinkedIn, and X account, to disseminate material information and comply with disclosure obligations under Regulation FD [4]
Cytek® Biosciences Expands European Presence with New Facility in Amsterdam to Better Serve Customers and Drive Growth
Globenewswire· 2025-10-15 21:00
Core Insights - Cytek Biosciences has relocated its European headquarters to a new facility in Amsterdam's Life Sciences District, reflecting its commitment to the EMEA region and enhancing service for customers [1][4] - The new site has increased the company's footprint by over 40% and includes a dedicated customer service and training center, providing hands-on training for researchers [2] - The success of Cytek's reagent business is a major driver for this expansion, with the company transitioning warehouse operations in-house to improve operational efficiency and quality control [3] Company Overview - Cytek Biosciences is a leading cell analysis solutions company that utilizes its patented Full Spectrum Profiling™ (FSP) technology to deliver high-resolution and high-sensitivity cell analysis tools [5] - The company's product offerings include various systems and technologies designed to enhance multiplexing capabilities and provide comprehensive solutions for researchers [5] - Cytek's products are primarily for research use, with certain systems available for clinical use in specific regions [6] Strategic Importance - Europe is identified as a key region for Cytek's global growth, and the new Amsterdam facility is expected to enhance the company's capabilities in delivering solutions and services across the EMEA region [4][15] - The expansion aims to support scientific understanding and accelerate data-driven decision-making, fostering innovation within the industry [4]
Cytek Biosciences Brings Full Spectrum Cell Analysis to Leading Clinical Global Conferences ICCS and ESCCA
Globenewswire· 2025-09-10 21:00
Core Insights - Cytek Biosciences, a leader in spectral flow cytometry, is set to showcase its advanced solutions at two major industry events, emphasizing the growing demand for deeper cellular insights in cancer research and diagnostics [1][4] Company Overview - Cytek Biosciences specializes in high-resolution, high-content, and high-sensitivity cell analysis tools, utilizing its patented Full Spectrum Profiling™ (FSP) technology [8] - The company's FSP systems have been referenced in over 2,800 peer-reviewed publications, indicating widespread acceptance and application in the research community [2] Technology and Innovation - Cytek's Full Spectrum Profiling™ technology allows for the profiling of more than 40 markers in a single tube, significantly enhancing efficiency and reducing analysis time [7] - The integration of spectral flow cytometry with machine learning is being explored to simplify data analysis and reduce technician workload, as demonstrated in workshops at upcoming conferences [4][6] Industry Events - The European Society for Clinical Cell Analysis (ESCCA) 2025 Conference will take place from September 17 to September 20, 2025, in Montpellier, France, focusing on clinical applications in various fields [3] - The ICCS Annual Meeting & Course will be held from September 28 to September 30, 2025, in Philadelphia, bringing together professionals to advance knowledge in clinical cytometry [5] Leadership and Expertise - Dr. Wenbin Jiang, CEO of Cytek, highlighted the advantages of spectral flow cytometry in enabling laboratories to achieve more with less, thereby allowing scientists to focus on high-skill tasks [7] - Workshops led by experts like Dr. Joseph C. Lownik and Dr. Paul K. Wallace will present innovative approaches to using spectral flow cytometry for accurate diagnosis of leukemia and lymphoma [4][6]
Cytek Biosciences to Report Second Quarter 2025 Financial Results on August 6, 2025
Globenewswire· 2025-07-23 20:05
Core Viewpoint - Cytek Biosciences, Inc. will report its financial results for Q2 2025 on August 6, 2025, followed by a conference call to discuss the results and business outlook [1]. Company Overview - Cytek Biosciences is a leading company in cell analysis solutions, utilizing its patented Full Spectrum Profiling™ (FSP) technology to deliver high-resolution and high-sensitivity cell analysis tools [2]. - The company's product offerings include FSP instruments such as Cytek Aurora™, Northern Lights™, and Cytek Orion™, along with various reagents, software, and services [2]. - Cytek is headquartered in Fremont, California, with a global presence through offices and distribution channels [2]. Product Usage - Cytek's products are intended for research use only, with specific exceptions for clinical use in China and the European Union for certain systems and reagents [3]. Information Distribution - The company utilizes its website, LinkedIn, and X (formerly Twitter) for distributing material information and compliance with disclosure obligations under Regulation FD [4].