The 9.6% stock jump reflects strong investor enthusiasm for the Atera platform, which drove robust order flow and broad customer engagement beyond initial expectations.
- Q2 revenue was $151 million, including $1.6 million in non-recurring settlement revenue; organic revenue grew 3% year-over-year to $149 million.
- Atera launch generated unusually high early demand, with customers across academia and biopharma adopting the platform for diverse research applications including oncology and neurodegeneration.
- Strong growth in Chromium consumable reaction volumes and continued exceptional utilization of the Xenium spatial platform contributed to underlying strength.
- Catalyst Research Services, offering sample processing on Atera, has attracted strong interest as a flexible entry point for customers without immediate instrument access.
- Acquisition of Proteintech Genomics is expected to enhance Atera’s multi-omics capabilities, particularly in proteomics integration.
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