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Ginkgo Bioworks sees 2023 revenue at least $275M, consensus $381.51M

Expects Foundry revenue of at least $175M in 2023, excluding the impact of any downstream value share revenue, although Ginkgo is still working toward the achievement of downstream value share in 2023. While Biosecurity remains an uncertain business, Ginkgo expects Biosecurity revenue in 2023 of at least $100M, with nearly half of this revenue expected to come from emerging product lines that are more recurring in nature.

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