earnings
confidence high
sentiment negative
materiality 0.75
Seer Q4 revenue down 10% YoY to $4.0M; full-year net loss $86.6M; guides 2025 rev $17-18M
Seer, Inc.
- Q4 2024 revenue $4.0M (-10% YoY); full-year 2024 revenue $14.2M (-15% YoY).
- Q4 net loss $21.7M vs $17.8M YoY; full-year net loss $86.6M vs $86.3M.
- Shipped 10 instruments in 2024; cumulative 72. Ended with ~$300M cash/investments.
- Repurchased ~6.5M shares at avg $1.82/share in 2024, reducing shares by ~10%.
- Expects 2025 revenue $17-18M, representing ~24% growth at midpoint.