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Rockley Photonics reports Q3 non-GAAP EPS 14c, consensus (25c)
The Fly

Rockley Photonics reports Q3 non-GAAP EPS 14c, consensus (25c)

Reports Q3 revenue $556,000, consensus $1.5M. "Rockley made significant progress against our goals, announcing promising human study results that are enabling customer sampling and trailing and further technical advancements with the Bioptx platform. Also, I am pleased that Randy Meier joined us as president and chief financial officer to help lead us in the next phase of our growth," said Dr. Andrew Rickman, chairman and chief executive officer of Rockley. "We started the quarter by receiving our first purchase order for commercial product, adding our first contract research organization as a customer, and working with our customers to further integrate our solution into their product roadmaps. We achieved product breakthroughs, including our recently announced micro-transfer printing technology that will help us develop even smaller, next-generation solutions. And we announced very exciting results from our blood pressure human study, successfully demonstrating the prediction of blood pressure. I believe this progress with our customers, technology and human studies has strengthened the company and our future opportunities."

Published first on TheFly

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