
Overview
Life science reagents provider reported smaller-than-expected drop in Q4 revenue
Adjusted EBITDA for Q4 beat analyst expectations
Revenue decline due to reduced CleanCap orders for vaccine programs
Outlook
Maravai expects full-year 2026 revenue between $200 mln and $210 mln
Company projects full-year 2026 Adjusted EBITDA between $18 mln and $20 mln
Result Drivers
CLEANCAP ORDERS - TriLink segment revenue fell 17.4% in Q4 due to reduced CleanCap orders for vaccine programs
HCP KITS DEMAND - Cygnus segment revenue increased 4.1% in Q4 driven by strong demand for HCP kits
COST REDUCTION - Positive Adjusted EBITDA in Q4 attributed to organizational restructuring and cost reduction
Company press release: ID:nBwpLk9Ca
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $49.90 mln | $49.05 mln (11 Analysts) |
Q4 Net Income |
| -$63 mln |
|
Q4 Adjusted EBITDA | Beat | $500,000 | -$4.02 mln (10 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the biotechnology & medical research peer group is "buy"
Wall Street's median 12-month price target for Maravai LifeSciences Holdings Inc is $4.50, about 44.2% above its February 24 closing price of $3.12
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