Sonendo reports preliminary Q3 2023 revenue of $10.4M; reiterates FY 2023 guidance $44-46M

Sonendo, Inc.

2023-Q3 EPS reported -$0.53 revenue$32,173,000

Preliminary Q3 2023 total revenue approximately $10.4 million.
Cash, cash equivalents and short-term investments approximately $55.9 million as of Sept 30, 2023.
Full year 2023 revenue guidance reaffirmed between $44 million and $46 million.
CEO cites solid quarter despite seasonality and macroeconomic headwinds; reducing quarterly cash burn.

item 2.02 item 9.01

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 full year 2023 results: revenue $44.0 million and $46.0 million. Guidance reaffirmed.

Period: full year 2023
Revenue: $44.0 million and $46.0 million
Guidance: reaffirmed
Result: guidance update

Exact text from the filing

The Company reiterates its full year 2023 guidance of expected revenue between $44.0 million and $46.0 million.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Sonendo, Inc. reported third quarter ended September 30, 2023 results: revenue approximately $10.4 million. Guidance reaffirmed.

Period: third quarter ended September 30, 2023
Revenue: approximately $10.4 million
Guidance: reaffirmed
Result: preliminary results

Exact text from the filing

Total revenue is expected to be approximately $10.4 million for the third quarter 2023.

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Source: SEC EDGAR

accession 0000950170-23-052521

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