08:42 AM EDT, 03/25/2024 (MT Newswires) -- Olink Holding ( OLK ) reported a Q4 net loss Monday of $0.06 per diluted share, swinging from net income of $0.05 a year earlier.

Three analysts polled by Capital IQ expected earnings of $0.16.

Revenue for the quarter ended Dec. 31 was $68.6 million, up from $57.9 million a year earlier.

Four analysts surveyed by Capital IQ expected $89.9 million.

Olink ( OLK ) said the Swedish Inspectorate of Strategic Products has cleared Thermo Fisher Scientific's (TMO) planned acquisition of the company and that it expects the deal to be completed by mid-2024.

Olink ( OLK ) shares were up 1.7% in recent Monday premarket activity.

Price: 24.73, Change: +0.42, Percent Change: +1.73