earnings
confidence high
sentiment negative
materiality 0.75
iSpecimen Q3 2022 revenue $2.6M; non-COVID revenue up 26% YoY; net loss widens to $3.1M
iSpecimen Inc.
2022-Q3 EPS reported
-$0.92
revenue$7,440,760
- Revenue $2.6M (down 4% YoY); non-COVID revenue $2.26M (record 88% mix, up 26% YoY).
- Net loss $3.1M ($0.35 per share) vs $1.6M loss ($0.22) in Q3 2021; cost of revenue up 33%.
- Cash $20.7M as of Sep 30, 2022, down from $27.7M at Dec 31, 2021.
- Tracy Curley appointed Interim CEO; she remains CFO and Treasurer.
- Unique customer orgs 480 (+21% YoY); marketplace users ~6,500 (+32% YoY).