earnings
confidence high
sentiment neutral
materiality 0.80
Natera Q2 revenue up 64% to $142M; guides FY2021 revenue to $600-620M
Natera, Inc.
2022-Q2 EPS reported
-$2.06
revenue$294,342,000
- Product revenue $137.2M, +70.7% YoY; processed 375,700 tests, +60.5%.
- Net loss $116.0M ($1.32/share) vs $59.6M ($0.75) a year ago.
- Raised 2021 revenue guidance to $600-620M from $550-575M (second increase).
- Completed $551.2M net follow-on equity offering in July 2021.
- CMS awarded ADLT status for Signatera MRD test; GSK phase III trial announced.