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Ginkgo Bioworks sees FY24 revenue $215M-$235M, consensus $279.55M

Ginkgo expects Cell Engineering services revenue of $165M-$185M in 2024 driven by expected growth in biopharma and government programs. This guidance excludes the impact of any potential downstream value share revenue. Ginkgo expects Biosecurity revenue in 2024 of at least $50M, representing approximate current contracted backlog, with potential upside from additional opportunities in the pipeline.

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