Seer Q1 revenue $4.2M (+37% YoY); ships as many instruments as all of 2024; reaffirms FY25 guidance $17-18M

Seer, Inc.

Revenue $4.2M, up 37% from $3.1M YoY, driven by higher product sales and service revenue.
Net loss $19.9M vs $20.7M YoY; operating expenses down 14% to $22.8M.
Cash, equivalents and investments ~$285M at quarter end.
Q1 instrument shipment volume equaled full-year 2024; 10,000-sample contract with new customer announced.
Full-year 2025 revenue guidance reaffirmed at $17M-$18M (24% growth at midpoint).

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