earnings
confidence high
sentiment neutral
materiality 0.65
Natera Q3 revenue $158.1M (+61% YoY), net loss $151.3M; raises FY2021 revenue guidance
Natera, Inc.
2022-Q3 EPS reported
-$3.72
revenue$452,458,000
- Revenue $158.1M (+61.1% YoY); product revenue $150.7M (+61.5%); tests processed 407,300 (+55.4%).
- Net loss $151.3M (EPS -$1.63) vs loss $58.3M (-$0.72) in Q3 2020; operating loss $150.2M.
- Raises 2021 revenue guidance to $615-625M from prior; expects gross margin 49-52%; SG&A $500-520M; R&D $240-260M.
- Cash $1.0B; total debt $330.1M ($287.5M convertible notes principal; $50M credit line).
- Launched Prospera Kidney/Heart/Lung; exclusive license from Aarhus University for colorectal cancer screening biobank.