earnings
confidence high
sentiment positive
materiality 0.70
Natera Q2 revenue up 40% to $198.2M; raises FY2022 guidance to $805M-$825M
Natera, Inc.
2022-Q2 EPS reported
-$2.95
revenue$392,333,000
- Total revenue $198.2M (+39.6% YoY); product revenue $194.6M (+39.3%).
- Tests processed ~499,900, up 33% YoY; net loss $145.2M ($1.50/share) vs $116.0M ($1.32).
- 2022 revenue guidance raised to $805M-$825M; gross margin ~46%-48%.
- Cash & investments $638.7M, down from $914.5M at Dec 31, 2021; net cash consumption expected $370M-$400M.
- Selected for UnitedHealthcare Preferred Lab Network; Medicare coverage for Signatera in muscle invasive bladder cancer.