Bluechiip Limited (AU:BCT) has released an update.
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Bluechiip Limited reports a mismatch between customer growth and sales figures, with new lab additions not immediately impacting sales as customers use pre-purchased supplies, but repeat orders are expected to smooth out fluctuations. Sales cycles are experiencing leads and lags during the expansion phase, but the company remains optimistic with a strong customer base and FDA registered products gaining traction among top pharmaceutical companies and prestigious institutions.
For further insights into AU:BCT stock, check out TipRanks’ Stock Analysis page.
