Vivian Cervantes's questions to Bionano Genomics (BNGO) leadership • Q2 2025
Question
Vivian Cervantes, on for Mark Massaro, questioned if the instrument placement guidance for the second half of the year was conservative, asked about the drivers for the strong flow cell sales and the typical ramp-up time for new customers, and inquired about the company's perspective on strategic partnerships or M&A.
Answer
CEO Eric Holmlin acknowledged the raised guidance could be seen as conservative but deemed it appropriate given potential installation timelines. He attributed the 17% growth in flow cell sales to strong execution and focused support for routine users, estimating a 6-to-9-month timeframe for a new lab to reach routine use. On M&A, Dr. Holmlin stated that Bionano is likely on the radar of strategics due to its advanced commercial stage and improved financials, but the company remains highly committed to executing its own digital pathology strategy.