MaxCyte reiterates 2025 revenue guidance

MaxCyte (MXCT) reiterates 2025 revenue guidance for core business revenue and SPL Program-related revenue: Core revenue is expected to be flat to a 10% decline compared to 2024, inclusive of revenue from SeQure Dx. SPL Program-related revenue is expected to be approximately $5 million for the year. SPL-program related revenue guidance includes both expected revenue from pre-commercial milestone payments and commercial royalties/sales-based payments. MaxCyte now expects to end 2025 with $152 million to $155 million in total cash, cash equivalents and investments. Our revised guidance reflects near term cash utilization from the operational restructuring announced on September 22, 2025.