Bionano Reports First Quarter 2023 Results and Highlights Recent Business Progress
GAAP gross margin for the first quarter of 2023 was 28%, compared to 15% from the first quarter of 2022.
- GAAP gross margin for the first quarter of 2023 was 28%, compared to 15% from the first quarter of 2022.
- First quarter 2023 non-GAAP¹ gross margin was 30%, compared to 15% from the first quarter of 2022.
- First quarter 2023 GAAP operating expense was $39.9 million, compared to $30.8 million in the first quarter of 2022.
- First quarter 2023 non-GAAP operating expense was $33.6 million, compared to $24.2 million in the first quarter of 2022.