BioLife Solutions, Inc. (NASDAQ:BLFS) released its quarterly earnings data on Thursday. The medical equipment provider reported ($0.06) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.06), Bloomberg Earnings reports. BioLife Solutions had a negative net margin of 74.58% and a negative return on equity of 74.36%. The company had revenue of $2.56 million during the quarter, compared to the consensus estimate of $2.40 million.

Shares of BioLife Solutions (BLFS) traded up 5.28% during midday trading on Friday, hitting $3.79. 193,801 shares of the stock traded hands. The firm has a 50-day moving average price of $3.14 and a 200 day moving average price of $2.34. BioLife Solutions has a one year low of $1.43 and a one year high of $3.95. The stock’s market cap is $49.41 million.

BLFS has been the subject of several research analyst reports. Janney Montgomery Scott upgraded shares of BioLife Solutions from a “neutral” rating to a “buy” rating and upped their price objective for the company from $2.62 to $5.00 in a research note on Wednesday, July 5th. Maxim Group restated a “buy” rating and issued a $4.00 price objective on shares of BioLife Solutions in a research note on Wednesday, July 5th.

TRADEMARK VIOLATION NOTICE: This report was originally reported by Daily Political and is owned by of Daily Political. If you are accessing this report on another site, it was stolen and republished in violation of U.S. and international copyright and trademark legislation. The original version of this report can be accessed at https://www.dailypolitical.com/2017/08/11/biolife-solutions-inc-nasdaqblfs-releases-earnings-results-meets-estimates.html.

About BioLife Solutions

BioLife Solutions, Inc (BioLife) is engaged in the developing, manufacturing and marketing a portfolio of biopreservation tools and services for cells, tissues and organs, including clinical grade cell and tissue hypothermic storage and cryopreservation freeze media and a related cloud hosted biologistics cold chain management application for shippers.

Earnings History for BioLife Solutions (NASDAQ:BLFS)

Receive News & Ratings for BioLife Solutions Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BioLife Solutions Inc. and related companies with MarketBeat.com's FREE daily email newsletter.