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5 BERKELEY LIGHTS Berkeley Lights Reports Third Quarter 2021 Financial Results November 4 , 2021 Record third quarter 2021 revenue grew 34 % year over year EMERYVILLE , Calif . , Nov. 04 , 2021 ( GLOBE NEWSWIRE ) financial results for the quarter ended September 30 , 2021 . Recent Highlights • Grew total revenue to a record of $ 24.3 million for the third quarter of 2021 , representing 34 % growth compared to the third quarter of 2020 -- • Placed 13 new systems and increased installed base to 105 Berkeley Lights platforms , including 6 placements to existing customers in the third quarter of 2021 Berkeley Lights , Inc. ( Nasdaq : BLI ) , a leader in Digital Cell Biology , today reported • Genovac purchased a third Beacon Optofluidic system , becoming the first CRO to leverage the Beacon system for both antibody discovery and cell line development • GlaxoSmithKline purchased a third Beacon Optofluidic system to expand its antibody therapeutics capacity • Expanded BiofoundryTM capacity with a new Boston lab to support the continued growth in the services and partnerships businesses • Appointed Siddhartha Kadia , Ph.D. to the Board of Directors as an independent director , adding his significant expertise in commercializing disruptive life science technologies ( in thousands , except per share data ) " Our performance this quarter speaks to the increasing demand for our technology and services across large , global markets , " said Berkeley Lights Chief Executive Officer Eric Hobbs , Ph.D. " These results reflect our growing success in developing disruptive workflows and services vital to our customers ' efforts to unlock revolutionary improvements to human health . We are well - positioned to continue accelerating scientific breakthroughs , creating value for our customers and our shareholders . " Quarterly 2021 Financial Results Revenue Gross profit Gross margin % 2021 Outlook Operating expenses Loss from operations Net loss and net comprehensive loss Net loss attributable to common stockholders per share , basic and diluted Total stock - based compensation Berkeley Lights expects full year 2021 revenue to be in the low $ 90 million range . Webcast and Conference Call Information $ Three Months Ended September 30 , 2021 ( unaudited ) 24,324 $ 15,413 63 % 35,393 ( 19,980 ) ( 20,403 ) ( 0.30 ) 5,962 2020 ( unaudited ) 18,208 12,808 70 % 20,991 ( 8,183 ) ( 8,601 ) ( 0.16 ) 2,535 Berkeley Lights will host a conference call to discuss the third quarter 2021 financial results before market open on Thursday , November 4 , 2021 at 5:30 a.m. Pacific Time / 8 : 30 a.m. Eastern Time . A webcast of the conference call can be accessed at http://investors.berkeleylights.com . The webcast will be archived and available for replay for at least 90 days after the event . About Berkeley Lights