April 2, 2018 / 12:16 PM / in 6 months

BRIEF-BioLife Solutions Announces Preliminary Q1 Revenue Of $3.8 Mln, Up 61 Pct

April 2 (Reuters) - BioLife Solutions Inc:

* Q1 REVENUE ROSE 61 PERCENT TO $3.8 MILLION

* FOR 2018 BIOPRESERVATION MEDIA REVENUE EXPECTED TO RANGE BETWEEN $14.5 MILLION TO $15.5 MILLION

* SEES 2018 GROSS MARGIN TO BE BETWEEN 62 PERCENT AND 64 PERCENT, UP FROM 61 PERCENT FOR 2017

* SEES FY GAAP OPERATING PROFIT WITH PROPORTIONAL INCREASES IN ADJUSTED EBITDA AND CASH FLOW FROM OPERATIONS Source text for Eikon: Further company coverage:

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