Technology
BENCHMARK REPORTS SECOND QUARTER 2024 RESULTS
Published
2 months agoon
By
TEMPE, Ariz., July 30, 2024 /PRNewswire/ — Benchmark Electronics, Inc. (NYSE: BHE) today announced financial results for the second quarter ended June 30, 2024. Additionally, the company’s Board of Directors have authorized an increase in the quarterly dividend from $0.165 to $0.17 per share, effective immediately.
Second quarter 2024 results(1):
Revenue of $666 millionGenerated net cash provided by operations of $56 million and positive free cash flow of $47 millionGAAP and non-GAAP gross margin of 10.2%GAAP and non-GAAP operating margin of 4.1% and 5.1%, respectivelyGAAP and non-GAAP earnings per share of $0.43 and $0.57, respectively
Three Months Ended
June 30,
March 31,
June 30,
(Amounts in millions, except per share data)
2024
2024
2023
Sales
$
666
$
676
$
733
Net income
$
16
$
14
$
14
Income from operations
$
27
$
26
$
24
Net income – non-GAAP(1)
$
21
$
20
$
20
Income from operations – non-GAAP(1)
$
34
$
33
$
33
Diluted earnings per share
$
0.43
$
0.38
$
0.39
Diluted earnings per share – non-GAAP(1)
$
0.57
$
0.55
$
0.56
Operating margin
4.1
%
3.8
%
3.3
%
Operating margin – non-GAAP(1)
5.1
%
4.9
%
4.5
%
(1)
A reconciliation of non-GAAP results to the most directly comparable GAAP measures and a discussion of why management believes these non-GAAP results are useful are included below.
“Once again Benchmark delivered solid results, demonstrating consistent progress toward achieving our longer-term operational objectives,” said Jeff Benck, Benchmark’s President and CEO.
Benck continued, “While market uncertainty persists across a number of our sectors, we remain focused on executing for our customers while protecting margins, driving down inventories and delivering positive free cash flow, which we now expect to exceed $120 million in fiscal year 2024.”
Cash Conversion Cycle
June 30,
March 31,
June 30,
2024
2024
2023
Accounts receivable days
51
56
59
Contract asset days
25
24
23
Inventory days
90
94
102
Accounts payable days
(52)
(52)
(56)
Advance payments from customers days
(24)
(28)
(25)
Cash conversion cycle days
90
94
103
Second Quarter 2024 Industry Sector Update
Revenue and percentage of sales by industry sector were as follows.
June 30,
March 31,
June 30,
(In millions)
2024
2024
2023
Semi-Cap
$
172
26
%
$
166
25
%
$
164
22
%
Complex Industrials
142
21
%
141
21
%
167
23
%
Medical
111
17
%
115
17
%
145
20
%
A&D
109
16
%
106
16
%
80
11
%
AC&C
132
20
%
148
21
%
177
24
%
Total
$
666
100
%
$
676
100
%
$
733
100
%
Revenue decreased quarter over quarter primarily due to decreases in Medical and Advanced Computing and Communications (AC&C) sales, which were partially offset by an increase in Semi-Cap sales. Revenue decreased year-over-year primarily due to decreases in Complex Industrials, Medical, and AC&C sales, which were partially offset by increases in Semi-Cap and A&D sales.
Third Quarter 2024 Guidance
Revenue between $630 million – $670 millionDiluted GAAP earnings per share between $0.36 – $0.42Diluted non-GAAP earnings per share between $0.52 – $0.58Non-GAAP earnings per share guidance excludes stock-based compensation expense, restructuring charges and other costs, and amortization of intangible assets.
In the third quarter of 2024, restructuring charges are expected to be approximately $1.0 million, stock-based compensation expense is expected to be $4.5 million and the amortization of intangible assets is expected to be $1.2 million.
Second Quarter 2024 Earnings Conference Call
The Company will host a conference call to discuss the results today at 5:00 p.m. Eastern Time. The live webcast of the call and accompanying reference materials will be accessible by logging on to the Company’s website at www.bench.com. A replay of the broadcast will also be available on the Company’s website.
About Benchmark Electronics, Inc.
Benchmark provides comprehensive solutions across the entire product life cycle by leading through its innovative technology and engineering design services, leveraging its optimized global supply chain and delivering world-class manufacturing services in the following industries: semiconductor capital equipment, complex industrials, medical, commercial aerospace, defense, and advanced computing and communications. Benchmark’s global operations include facilities in seven countries and its common shares trade on the New York Stock Exchange under the symbol BHE.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are identified as any statement that does not relate strictly to historical or current facts and may include words such as “anticipate,” “believe,” “intend,” “plan,” “project,” “forecast,” “strategy,” “position,” “continue,” “estimate,” “expect,” “may,” “will,” “could,” “predict,” and similar expressions of the negative or other variations thereof. In particular, statements, express or implied, concerning the Company’s outlook and guidance for third quarter and fiscal year 2024 results, future operating results or margins, the ability to generate sales and income or cash flow, expected revenue mix, the Company’s business strategy and strategic initiatives, the Company’s repurchases of shares of its common stock, the Company’s expectations regarding restructuring charges, stock-based compensation expense and amortization of intangibles, and the Company’s intentions concerning the payment of dividends, among others, are forward-looking statements. Although the Company believes these statements are based on and derived from reasonable assumptions, they involve risks, uncertainties and assumptions that are beyond the Company’s ability to control or predict, relating to operations, markets and the business environment generally, including those discussed under Part I, Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, and in any of the Company’s subsequent reports filed with the Securities and Exchange Commission. Events relating to the possibility of customer demand fluctuations, supply chain constraints, continuing inflationary pressures, the effects of foreign currency fluctuations and high interest rates, geopolitical uncertainties including continuing hostilities and tensions, trade restrictions and sanctions, or the ability to utilize the Company’s manufacturing facilities at sufficient levels to cover its fixed operating costs, may have resulting impacts on the Company’s business, financial condition, results of operations, and the Company’s ability (or inability) to execute on its plans. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes, including the future results of the Company’s operations, may vary materially from those indicated. Undue reliance should not be placed on any forward-looking statements. Forward-looking statements are not guarantees of performance. All forward-looking statements included in this document are based upon information available to the Company as of the date of this document, and the Company assumes no obligation to update.
Non-GAAP Financial Measures
Management discloses certain non‐GAAP information to provide investors with additional information to analyze the Company’s performance and underlying trends. These non-GAAP financial measures exclude restructuring charges, stock-based compensation expense, amortization of intangible assets acquired in business combinations, certain legal and other settlement losses (gains), customer insolvency losses (recoveries), asset impairments, other significant non-recurring costs and the related tax impacts of all of the above. A detailed reconciliation between GAAP results and results excluding certain items (“non-GAAP”) is included in the following tables attached to this document. In situations where a non-GAAP reconciliation has not been provided, the Company was unable to provide such a reconciliation without unreasonable effort due to the uncertainty and inherent difficulty predicting the occurrence, the financial impact and the periods in which the non-GAAP adjustments may be recognized. Management uses non‐GAAP measures that exclude certain items in order to better assess operating performance and help investors compare results with our previous guidance. This document also references “free cash flow”, a non-GAAP measure, which the Company defines as cash flow from operations less additions to property, plant and equipment and purchased software. The Company’s non‐GAAP information is not necessarily comparable to the non‐GAAP information used by other companies. Non‐GAAP information should not be viewed as a substitute for, or superior to, net income or other data prepared in accordance with GAAP as a measure of the Company’s profitability or liquidity. Readers should consider the types of events and transactions for which adjustments have been made.
Benchmark Electronics, Inc. and Subsidiaries
Condensed Consolidated Statements of Income
(Amounts in Thousands, Except Per Share Data)
(UNAUDITED)
Three Months Ended
Six Months Ended
June 30,
June 30,
2024
2023
2024
2023
Sales
$
665,896
$
733,232
$
1,341,471
$
1,427,927
Cost of sales
597,946
666,201
1,206,113
1,296,938
Gross profit
67,950
67,031
135,358
130,989
Selling, general and administrative expenses
38,022
37,672
75,354
75,870
Amortization of intangible assets
1,204
1,591
2,408
3,183
Restructuring charges and other costs
1,471
3,287
4,814
4,713
Income from operations
27,253
24,481
52,782
47,223
Interest expense
(6,933)
(8,258)
(14,178)
(14,708)
Interest income
2,526
1,622
4,518
2,880
Other (expense) income, net
(2,323)
61
(3,500)
(2,104)
Income before income taxes
20,523
17,906
39,622
33,291
Income tax expense
4,995
3,915
10,092
6,940
Net income
$
15,528
$
13,991
$
29,530
$
26,351
Earnings per share:
Basic
$
0.43
$
0.39
$
0.82
$
0.74
Diluted
$
0.43
$
0.39
$
0.81
$
0.74
Weighted-average number of shares used in
calculating earnings per share:
Basic
36,047
35,618
35,929
35,478
Diluted
36,497
35,676
36,388
35,730
Benchmark Electronics, Inc. and Subsidiaries
Condensed Consolidated Balance Sheets
(In Thousands)
(UNAUDITED)
June 30,
December 31,
2024
2023
Assets
Current assets:
Cash and cash equivalents
$
309,287
$
277,391
Restricted cash
578
5,822
Accounts receivable, net
376,568
449,404
Contract assets
182,090
174,979
Inventories
599,842
683,801
Prepaid expenses and other current assets
42,286
44,350
Total current assets
1,510,651
1,635,747
Property, plant and equipment, net
225,888
227,698
Operating lease right-of-use assets
125,082
130,830
Goodwill and other long-term assets
293,118
280,480
Total assets
$
2,154,739
$
2,274,755
Liabilities and Shareholders’ Equity
Current liabilities:
Current installments of long-term debt
$
5,928
$
4,283
Accounts payable
346,153
367,480
Advance payments from customers
157,156
204,883
Accrued liabilities
133,823
136,901
Total current liabilities
643,060
713,547
Long-term debt, net of current installments
283,559
326,674
Operating lease liabilities
116,637
123,385
Other long-term liabilities
16,379
32,064
Total liabilities
1,059,635
1,195,670
Shareholders’ equity
1,095,104
1,079,085
Total liabilities and shareholders’ equity
$
2,154,739
$
2,274,755
Benchmark Electronics, Inc. and Subsidiaries
Condensed Consolidated Statements of Cash Flows
(In Thousands)
(UNAUDITED)
Six Months Ended
June 30,
2024
2023
Cash flows from operating activities:
Net income
$
29,530
$
26,351
Depreciation and amortization
23,026
22,549
Stock-based compensation expense
6,361
8,657
Accounts receivable
71,346
6,359
Contract assets
(7,111)
(2,264)
Inventories
82,717
(28,096)
Accounts payable
(25,550)
9,499
Advance payments from customers
(47,727)
(12,260)
Other changes in working capital and other, net
(28,318)
(31,163)
Net cash provided by (used in) operating activities
104,274
(368)
Cash flows from investing activities:
Additions to property, plant and equipment and software
(14,407)
(47,049)
Other investing activities, net
(1,405)
585
Net cash used in investing activities
(15,812)
(46,464)
Cash flows from financing activities:
Net debt activity
(41,731)
102,237
Other financing activities, net
(17,161)
(17,296)
Net cash (used in) provided by financing activities
(58,892)
84,941
Effect of exchange rate changes
(2,918)
(209)
Net increase in cash and cash equivalents and restricted cash
26,652
37,900
Cash and cash equivalents and restricted cash at beginning of year
283,213
207,430
Cash and cash equivalents and restricted cash at end of period
$
309,865
$
245,330
Benchmark Electronics, Inc. and Subsidiaries
Reconciliation of GAAP to Non-GAAP Financial Results
(Amounts in Thousands, Except Per Share Data)
(UNAUDITED)
Three Months Ended
Six Months Ended
June 30,
March 31,
June 30,
June 30,
June 30,
2024
2024
2023
2024
2023
Income from operations (GAAP)
$
27,253
$
25,529
$
24,481
$
52,782
$
47,223
Restructuring charges and other costs
1,471
3,343
2,364
4,814
3,790
Stock-based compensation expense
4,185
2,176
3,867
6,361
8,657
Amortization of intangible assets
1,204
1,204
1,591
2,408
3,183
Asset impairment
—
—
923
—
923
Legal and other settlement loss (gain)
317
855
—
1,172
—
Customer insolvency (recovery)
(316)
—
—
(316)
—
Non-GAAP income from operations
$
34,114
$
33,107
$
33,226
$
67,221
$
63,776
GAAP operating margin
4.1
%
3.8
%
3.3
%
3.9
%
3.3
%
Non-GAAP operating margin
5.1
%
4.9
%
4.5
%
5.0
%
4.5
%
Gross profit (GAAP)
$
67,950
$
67,408
$
67,031
$
135,358
$
130,989
Stock-based compensation expense
326
426
423
752
819
Customer insolvency (recovery)
(316)
—
—
(316)
—
Non-GAAP gross profit
$
67,960
$
67,834
$
67,454
$
135,794
$
131,808
GAAP gross margin
10.2
%
10.0
%
9.1
%
10.1
%
9.2
%
Non-GAAP gross margin
10.2
%
10.0
%
9.2
%
10.1
%
9.2
%
Selling, general and administrative expenses
$
38,022
$
37,332
$
37,672
$
75,354
$
75,870
Stock-based compensation expense
(3,858)
(1,750)
(3,444)
(5,608)
(7,838)
Legal and other settlement (loss) gain
(317)
(855)
—
(1,172)
—
Non-GAAP selling, general and administrative expenses
$
33,847
$
34,727
$
34,228
$
68,574
$
68,032
Net income (GAAP)
$
15,528
$
14,002
$
13,991
$
29,530
$
26,351
Restructuring charges and other costs
1,471
3,343
2,364
4,814
3,790
Stock-based compensation expense
4,185
2,176
3,867
6,361
8,657
Amortization of intangible assets
1,204
1,204
1,591
2,408
3,183
Asset impairment
—
—
923
—
923
Legal and other settlement loss (gain)
317
855
(1,155)
1,172
(1,155)
Customer insolvency (recovery)
(316)
—
—
(316)
—
Income tax adjustments(1)
(1,437)
(1,393)
(1,484)
(2,830)
(3,007)
Non-GAAP net income
$
20,952
$
20,187
$
20,097
$
41,139
$
38,742
Diluted earnings per share:
Diluted (GAAP)
$
0.43
$
0.38
$
0.39
$
0.81
$
0.74
Diluted (Non-GAAP)
$
0.57
$
0.55
$
0.56
$
1.13
$
1.08
Weighted-average number of shares used in
calculating diluted earnings per share:
Diluted (GAAP)
36,497
36,401
35,676
36,388
35,730
Diluted (Non-GAAP)
36,497
36,401
35,676
36,388
35,730
Net cash provided by (used in) operations
$
55,816
$
48,457
$
24,538
$
104,274
$
(368)
Additions to property, plant and
equipment and software
(8,504)
(5,903)
(8,318)
(14,407)
(47,049)
Free cash flow (used)
$
47,312
$
42,554
$
16,220
$
89,867
$
(47,417)
(1) This amount represents the tax impact of the non-GAAP adjustments using the applicable effective tax rates.
View original content to download multimedia:https://www.prnewswire.com/news-releases/benchmark-reports-second-quarter-2024-results-302210169.html
SOURCE BENCHMARK ELECTRONICS
You may like
Technology
Automotive Seat Heater Market to Reach $5.5 Billion, Globally, by 2033 at 6% CAGR: Allied Market Research
Published
7 mins agoon
September 20, 2024By
Key factors contributing to the growth of the automotive heat seater market include advancements in heating technology, such as the integration of more efficient heating elements and improved temperature control systems.
WILMINGTON, Del., Sept. 20, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive seat heater Market by Type (Carbon Heater and Composite Heater), Vehicle Type (Passenger Cars and Commercial Vehicles), and Sales Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2024-2033″. According to the report, the automotive seat heater market was valued at $3.1 billion in 2023, and is estimated to reach $5.5 billion by 2033, growing at a CAGR of 6% from 2024 to 2033.
The global automotive seat heaters market is driven by increased demand for comfort and customization. As increasing numbers of individuals utilize the roads, the number of affordable vehicles available in recent years has skyrocketed. As a result, there is a greater need for vehicles with interiors that are both visually appealing and practical. The market for vehicle interior materials is being driven by rising consumer demand for customization and technical developments across the industry. In response to client demand, companies are now offering customization choices for creating modern interiors. Consumers increasing health consciousness is also driving the development of environmentally friendly automotive interior materials that contribute to increased comfort.
Request Sample of the Report on Automotive Seat Heater Market Forecast 2033: https://www.alliedmarketresearch.com/request-sample/A323768
Prime determinants of growth
The growing level of competition in the automotive industry is a primary driver of the automotive seat heater market’s expansion. Furthermore, improving consumer affordability, rising consumer income, and the availability of easy financing to purchase a vehicle are all driving forces in the global automobile sector. Furthermore, expansion in the automobile industry causes growth in the global market. Rising popularity of carbon fiber technology, rising demand for comfort and energy efficiency in vehicles, and rising preferences for high-end passenger cars are some of the major and insightful factors that will most likely drive the growth of the automotive seat heater market during the forecast period. The health benefits, such as reduction from discomfort backs and rapid warming, are driving market expansion. The expanding aftermarket sales of car seat heaters are driving the market forward.
Have a Question? Connect to our Analyst – https://www.alliedmarketresearch.com/connect-to-analyst/A323768
By Type
The carbon heater segment is expected to grow faster throughout the forecast period.
The carbon heater segment is anticipated to experience faster growth in the automotive seat heater market. Carbon fiber meshed weave heating pads will remain the largest market segment as this type of seat heater ensures good strength and requires very low voltage to produce heat. a growing preference for energy-efficient and environmentally friendly components, aligning with the broader push towards sustainable automotive solutions. The integration of advanced technologies, such as automatic climate control systems that adjust seat heating based on ambient temperature and individual preferences, is becoming increasingly popular.
By Vehicle Type
The passenger car segment is expected to grow faster throughout the forecast period.
The passenger car segment is anticipated to experience growth in the automotive seat heater market. The increasing expenditure on passenger and driver comfort. The development of premium features and the surge in passenger vehicle numbers in Europe and North America significantly contribute to this growth. Additionally, there is a rising demand for SUVs and luxury vehicles in emerging markets. Automotive manufacturers are continuously innovating electronic technologies, which create new opportunities for the application of heated seats in passenger cars. This trend is further bolstered by the emphasis on enhancing vehicle comfort and the integration of advanced climate control systems.
Procure Complete Report (324 Pages PDF with In-depth Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/automotive-seat-heater-market-A323768
By Sales Channel
The aftermarket segment is expected to grow faster throughout the forecast period.
The aftermarket segment is anticipated to experience growth in the automotive seat heater market. One of the standardization of temperature control seats in various mid-range and high-end vehicles is helping the OEM section of the automobile seat heater industry. Seat heater replacement rates are predicted to rise due to excessive wear and tear, as well as changing climatic circumstances in cold locations, driving up aftermarket sales. When compared to OEM products, aftermarket products are more cost-effective. Furthermore, owners of vehicles without seat heaters add this equipment in the aftermarket, which boosts seat heater aftermarket sales.
By Region
Europe to maintain its dominance by 2033.
Europe is expected to maintain its dominance in the automotive heat seater market by 2033 owing to robust industrialization, infrastructural development, and growing investments in automotive and manufacturing sectors. has witnessed a surge in the popularity and necessity of automotive seat heaters. As the nation’s economy expands and consumer prosperity grows, there is a corresponding increase in the demand for vehicles equipped with advanced comfort amenities. Once considered a luxury, seat heaters are now becoming more accessible to a wider demographic, fueling their adoption among consumers.
Europe will maintain its pivotal role as a significant market for automotive seat heaters. This is primarily due to the increasing demand from end users who prioritize cabin comfort, especially in the winter months. Seat heaters are favored for their ability to significantly enhance occupant comfort during this season.
Players: –
Continental AGPanasonic CorporationGentherm IncorporatedII-VI IncorporatedRoadwire LLCRostra Precision Controls Inc.Firsten Automotive Electronics Co., Ltd.Guangzhou Tachibana Electronic Co., Ltd.SINOMASChampion Auto Systems
The report provides a detailed analysis of these key players in the global automotive seat heater market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Recent Industry News
In August 2020, Lear and Gentherm introduced INTU™ Thermal Comfort Seating with ClimateSense™ Technology.
For More In-depth Insights: https://www.alliedmarketresearch.com/automotive-seat-heater-market-A323768
AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) Offered by Allied Market Research:
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Toll Free: +1-800-792-5285
Int’l: +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter
Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/automotive-seat-heater-market-to-reach-5-5-billion-globally-by-2033-at-6-cagr-allied-market-research-302254048.html
Technology
/R E P E A T — MEDIA ADVISORY – Minister Wilkinson to Make a Critical Minerals Infrastructure Announcement/
Published
7 mins agoon
September 20, 2024By
VANCOUVER, BC, Sept. 19, 2024 /CNW/ – The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, and Ranj Pillai, the Premier of Yukon, will make a funding announcement in support of critical minerals infrastructure projects. A media availability will follow.
Date: September 20, 2024
Time: 10:30 a.m. PT
All accredited media are asked to pre-register by emailing media@nrcan-rncan.gc.ca. A dial-in line is available for media and will be provided upon registration.
Follow us on LinkedIn
SOURCE Natural Resources Canada
Technology
Olink Proteomics Announces the ‘Olink Proteomics World’ Virtual Conference: A Novel Platform Exploring the Latest Advancements in Proteomics and Proteogenomics
Published
7 mins agoon
September 20, 2024By
The ‘Olink Proteomics World’ Virtual Conference will bring together scientists from around the globe to explore the latest advancements in proteomics and proteogenomics across fields such as immunology, oncology, neuroscience, aging, and inflammation on September 26th, 2024.
WALTHAM, Mass., Sept. 20, 2024 /PRNewswire-PRWeb/ — Olink Proteomics, part of Thermo Fisher Scientific, a leading provider of advances proteomics solutions, is exited to announce its upcoming virtual conference, Olink Proteomics World, on September 26th, 2024.
This innovative virtual conference will bring together scientists from around the globe to explore the latest advancements in proteomics and proteogenomics across fields such as immunology, oncology, neuroscience, aging, and inflammation. The digital event features presentations from esteemed scientists and provides a platform to connect with peers, identify potential collaborations, and explore advanced protein biomarker discovery tools and results.
Our lineup of esteemed presenters will cover a wide range of topics, including:
The Aged Tumor Microenvironment: Understanding how aging influences the tumor microenvironment and its implications for cancer therapy.Infectious Diseases Dynamics: Unravelling how proteomics can enhance our understanding and management of infectious diseases.Alzheimer’s Diagnostics and Disease Monitoring: Exploring the latest tools and biomarkers for early detection and monitoring of Alzheimer’s disease.Aging Mechanisms: Insights into the biological processes of aging and how they can inform healthcare strategies.Predicting Disease Risks: Utilizing multiomics data to forecast disease risks and improve preventive measures.Genetics and Proteomics of Obesity: Investigating the complex interplay between genetics, proteomics, and obesity.Microbiome Transplantation Effects: Evaluating the impact of faecal transplants on human health and disease.Biomarker Discovery in Multiple Sclerosis: Cutting-edge research on identifying biomarkers for better diagnosis and treatment of Multiple Sclerosis.
In addition to these topics, our speakers will delve into various aspects of multiomics research, offering insights into how integrated approaches are shaping the future of personalized medicine and healthcare.
To see the full agenda and list of speakers for this event click here.
In addition to expert presentations, attendees can participate in interactive sessions, visit the digital poster hall, and engage in real-time Q&A sessions with speakers.
For further information about the event & to register for free, click here.
About Olink Proteomics
Olink’s mission is to accelerate proteomics together with the scientific community, to understand real-time biology and gain actionable insights into human health and disease. Our innovative solutions deliver highly sensitive and accurate protein quantification, giving scientists the power to investigate complex biological processes with precision.
About Labroots
Labroots is the leading scientific social networking website, & primary source for scientific trending news & premier educational virtual events & webinars & more. Contributing to the advancement of science through content sharing capabilities, Labroots is a powerful advocate in amplifying global networks & communities. Founded in 2008, Labroots emphasizes digital innovation in scientific collaboration & learning. Offering more than articles & webcasts that go beyond the mundane & explore the latest discoveries in the world of science, Labroots users can stay atop their field by gaining continuing education credits from a wide range of topics through their participation in the webinars & virtual events.
Media Contact
Akshay Masand, Labroots, 714-463-4673, akshay.masand@labroots.com, https://olink.com/
View original content to download multimedia:https://www.prweb.com/releases/olink-proteomics-announces-the-olink-proteomics-world-virtual-conference-a-novel-platform-exploring-the-latest-advancements-in-proteomics-and-proteogenomics-302253847.html
SOURCE Labroots
Automotive Seat Heater Market to Reach $5.5 Billion, Globally, by 2033 at 6% CAGR: Allied Market Research
/R E P E A T — MEDIA ADVISORY – Minister Wilkinson to Make a Critical Minerals Infrastructure Announcement/
Olink Proteomics Announces the ‘Olink Proteomics World’ Virtual Conference: A Novel Platform Exploring the Latest Advancements in Proteomics and Proteogenomics
Whiteboard Series with NEAR | Ep: 45 Joel Thorstensson from ceramic.network
Peloton Unveils Holiday 2022 Creative Campaign Highlighting How Motivation Transcends Beyond the Workout
These ’90s fashion trends are making a comeback in 2017
Why You Should Build on #NEAR – Co-founder Illia Polosukhin at CV Labs
Whiteboard Series with NEAR | Ep: 45 Joel Thorstensson from ceramic.network
NEAR End of Year Town Hall 2021: The Open Web World, MetaBUILD 2 Hackathon and 2021 recap
Trending
-
Technology5 days ago
Canada Invests in Net Zero Atlantic to Create Jobs and Support Clean Energy for Atlantic Canadians
-
Technology4 days ago
GSMA MWC Kigali 2024 to explore role of connectivity in driving socio-economic growth across Africa
-
Coin Market4 days ago
Reddit user claims ChatGPT initiated a conversation from previous info
-
Technology5 days ago
Platform Science to Acquire Trimble’s Global Transportation Telematics Business Units to Drive the Future of Transportation In-Cab Technology
-
Technology5 days ago
World’s 1st Flashlight Experience Store Kicks Off in Las Vegas
-
Coin Market5 days ago
Former President Trump safe following gunshots in close proximity
-
Technology4 days ago
Delectrik Launches Multi-MWh scale Flow Battery Solution for Large C&I and Utility Scale Applications
-
Coin Market5 days ago
Bitcoin set for 3-month historic rally as analysts eye $92K BTC