earnings
confidence high
sentiment positive
materiality 0.70
Guardant Health reports preliminary 2023 revenue ~$562-563M (+25% YoY); clinical test volumes up 39%
Guardant Health, Inc.
2023-FY EPS reported
-$4.28
revenue$563,948,000
- Full year 2023 revenue $562-563M, up 25% YoY; clinical test volume 172,900 (+39%).
- Q4 2023 revenue $153-154M (+21%); clinical tests 46,400 (+29%).
- Full year free cash flow approx. -$347M; cash and equivalents $1.2B as of Dec 31, 2023.
- Co-CEOs cite Shield blood test progress; expect FDA approval and IVD launch in 2024.
- Results are preliminary and unaudited; final audited results expected in February 2024.