Biolife solutions reports q1 adjusted earnings per share of $0.06

Biolife solutions announces first quarter 2020 financial results.q1 revenue rose 111 percent to $12.2 million.q1 adjusted non-gaap earnings per share $0.06.earnings per basic share (gaap) for q1 were $0.87.withdrew its financial guidance for 2020.executed a securities purchase agreement with existing shareholder casdin capital.securities purchase agreement specifies purchase of $20 million of co's shares at $10.50/share.casdin also intends to purchase additional $5 million of co's shares from a long-term shareholder.
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