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Berkeley Lights, Inc (BLI) Q1 2021 Earnings Call Transcript

Operator Good day, and thank you for standing by. Welcome to the Berkeley Lights first-quarter 2021 earnings conference call. [Operator instructions] I would now like to hand the conference over to your speaker today, Carrie Mendivil. Please go ahead. Carrie Mendivil Investor Relations Thank you. Earlier today, Berkeley Lights released financial results for the quarter ended March 31, 2021. If you have not received this news release or if you d like to be added to the company s distribution list, please send an email to ir@berkeleylights.com. Joining me today from Berkeley Lights are Eric Hobbs, chief executive officer; and Kurt Wood, chief financial officer.

Alger Small Cap on Berkeley Lights (BLI): We Believe the Base Business Remains Strong

Alger Small Cap on Berkeley Lights (BLI): “We Believe the Base Business Remains Strong” Alger, an investment management firm, published its “Alger Small Cap Focus Fund” first quarter 2021 investor letter – a copy of which can be downloaded here.  During the quarter, the largest portfolio sector weightings were Health Care and Information Technology. The largest sector overweight was Health Care. Class A shares of the Alger Small Cap Focus Fund underperformed the Russell 2000 Growth Index during the first quarter of 2021. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. Alger Small Cap Focus Fund, in their Q1 2021 investor letter, mentioned Berkeley Lights, Inc. (NASDAQ: BLI) and shared their insights on the company. Berkeley Lights, Inc. is an Emeryville, California-based digital cell biology company that currently has a $3.2 billion market capitalization. Since the beginning of the year, BLI delivered a -46.39% return, while its 3-mont

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