Earnings release
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1/12/26 , 10:33 AM EX - 99.1 2 exhibit991q2-21results.htm EX - 99.1 b BERKELEY 5 LIGHTS Document Berkeley Lights Reports Second Quarter 2021 Financial Results Second quarter revenue grew 82 % year over year EXHIBIT 99.1 EMERYVILLE , Calif . August 11 , 2021 – Berkeley Lights , Inc. ( Nasdaq : BLI ) , a leader in Digital Cell Biology , today reported financial results for the quarter ended June 30 , 2021 . Recent Highlights • Grew total revenue to $ 19.3 million for the second quarter of 2021 , representing an 82 % year over year growth and bringing first half revenue to $ 37.9 million , a 56 % increase over the first half of 2020 Expanded the installed base to 92 platforms , with seven new direct placements shipped in the quarter • Launched TechAccess subscription model expanding customer access to the Berkeley Lights platform • • Released Opto Plasma B Discovery 4.0 , an industry - leading functional antibody discovery workflow , which significantly increases recovered sequence diversity and reduces the cost and labor associated with DNA synthesis , cloning , and re - expression Announced partnership with Bayer to screen individual variants of bioactives with massively high throughput using the Berkeley Lights Platform : ° ° о Near - term , multi - year revenue opportunity followed by additional service and backend milestone payment opportunities . Marks the first application of Berkeley Lights ' technology in the agricultural sector . Launches Berkeley Lights ' technology as a high throughput functional screening service . " During the second quarter , we made important progress across our business and saw growing demand for the Berkeley Lights platform , ” said Berkeley Lights Chief Executive Officer Eric Hobbs , Ph.D. “ We continue to focus on business development partnerships , with industry leaders like Thermo Fisher and Bayer , to develop disruptive workflows and services . These partnerships not only expand the market opportunities for our platform , but also help us to achieve our mission by accelerating cell and gene therapy products into the clinic and helping to drive world - class innovation and standards in sustainability for farmers , consumers , and the environment . Berkeley Lights is uniquely positioned to do this as we https://www.sec.gov/Archives/edgar/data/1689657/000162828021016489/exhibit991q2-21results.htm 1/6