Sonendo Q4 revenue $12.2M (+24% YoY); FY 2023 guidance $48-51M

Sonendo, Inc.

Q4 total revenue $12.2M, up 24% YoY; full-year 2022 revenue $41.7M, +25%.
Consumable revenue Q4 $5.0M, +31% YoY; installed base 976 units at year-end.
Net loss Q4 $10.9M (incl. $4.4M ERC benefit); full-year net loss $57.1M.
Cash and short-term investments $91.4M as of Dec 31, 2022.
FY 2023 revenue guidance range $48.0M-$51.0M, implying ~18-24% growth.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Sonendo, Inc. reported fourth quarter and full fiscal year ended December 31, 2022 results: revenue Total revenue of $12.2 million for the fourth quarter of 2022, net income Net loss was $10.9 million for the fourth quarter of 2022. Guidance initiated.

Period: fourth quarter and full fiscal year ended December 31, 2022
Revenue: Total revenue of $12.2 million for the fourth quarter of 2022
Net income: Net loss was $10.9 million for the fourth quarter of 2022
Guidance: initiated
Result: reported results

Exact text from the filing

Sonendo Inc. Reports Fourth Quarter and Full Year 2022 Financial Results and Issues Full Year 2023 Revenue Guidance

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Sonendo, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-006700

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