Seer reports Q4 revenue down 4% YoY to $4.4M; FY revenue up 8% to $16.7M

Seer, Inc.

2023-FY EPS reported -$1.35 revenue$16,661,000

Q4 2023 net loss $17.8M narrowed from $22.5M; FY net loss $86.3M vs $93.0M prior year.
Cash, equivalents and investments totaled $373.1M as of Dec 31, 2023.
FY 2024 revenue guided to $18M-$20M, representing ~14% growth at midpoint.
Cumulative instruments shipped reached 62; 23 shipped in 2023.

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 0.9

Seer, Inc. reported the year ended December 31, 2023 results: revenue $16.7 million, net income $86.3 million. Guidance initiated.

Period: the year ended December 31, 2023
Revenue: $16.7 million
Net income: $86.3 million
Guidance: initiated
Result: reported results

Exact text from the filing

and full year ended December 31, 2023. Recent Highlights • Achieved revenue of $4.4 million for the fourth quarter of 2023, a decrease of 4% over the fourth quarter of 2022, and $16.7 million for the full year 2023, an increase of 8% over the full year 2022 • Shipped 23 instruments during 2023, bringing cumulative instruments shipped to 62 as of December 31, 2023 •

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Seer, Inc. reported the quarter ended December 31, 2023 results: revenue $4.4 million, net income $17.8 million. Guidance initiated.

Period: the quarter ended December 31, 2023
Revenue: $4.4 million
Net income: $17.8 million
Guidance: initiated
Result: reported results

Exact text from the filing

a disruptive new platform for proteomics, today reported financial results for the fourth quarter and full year ended December 31, 2023. Recent Highlights • Achieved revenue of $4.4 million for the fourth quarter of 2023, a decrease of 4% over the fourth quarter of 2022, and $16.7 million for the full year 2023, an increase of 8% over the full year 2022 • Shipped 23

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Source: SEC EDGAR

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