Hannah Hefley's questions to MAXCYTE (MXCT) leadership • Q2 2025
Question
Hannah Hefley asked to quantify the benefit from the Processing Assembly (PA) revenue pull-forward due to tariffs and whether PA revenue would consequently step down. She also questioned if the previously insulated SPL customers were now seeing broader impacts from macro headwinds, affecting the SPL pipeline.
Answer
CFO Douglas Swirsky explained the PA revenue benefit was from a single distributor order and is already factored into guidance without an expected material future impact. President and CEO Maher Masoud stated the SPL pipeline remains strong, with a target of 3-5 new deals annually. He emphasized that while four programs were shut down, four new ones were added, maintaining 18 total clinical programs, a dynamic that is built into their business model.