Loading...
•
Sep 30, 2022
Seer Q3 2022 Earnings Report
Seer's Q3 2022 performance was marked by revenue growth and continued market enthusiasm for its Proteograph Product Suite.
Key Takeaways
Seer, Inc. reported revenue of $4.0 million for the third quarter of 2022, compared to $2.2 million for the same period in 2021. The increase was primarily due to increased sales of the Proteograph Product Suite and its related products. The net loss for the quarter was $24.0 million, compared to $18.4 million for the corresponding prior year period. Cash, cash equivalents and investments were approximately $441.0 million as of September 30, 2022.
Revenue for Q3 2022 reached $4.0 million.
Gross profit for Q3 2022 was $1.9 million, with a gross margin of 49%.
Operating expenses for Q3 2022 totaled $27.0 million, including $9.1 million in stock-based compensation.
Net loss for Q3 2022 was $24.0 million.
Revenue by Segment
Forward Guidance
Seer continues to expect full year 2022 revenue to be in the range of $14.0 million to $16.0 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...