secwatch.observer — SEC 8-K summary
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Issuer:     Seer, Inc. (SEER)
CIK:        0001726445
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0000950170-24-094022
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Seer Q2 revenue $3.1M (-23% YoY); FY 2024 guidance cut to $13-15M
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- Revenue $3.1M, down 23% YoY from $4.0M; product revenue $2.2M, service $845K.
- Net loss $22.9M vs $23.4M prior year; operating expenses $28.8M (down 5% YoY).
- Full-year 2024 revenue guidance reduced to $13M-$15M from prior $16M-$18M.
- Launched Seer Technology Access Center (STAC) in Europe; customer papers in Nature.
- Cash, equivalents and investments $344.6M as of June 30, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1726445/000095017024094022/0000950170-24-094022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1726445/000095017024094022/ck0001726445-20240808.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-094022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer