earnings
confidence high
sentiment positive
materiality 0.75
Personalis reports FY2024 revenue ~$84.6M (+15% YoY), above guidance; cash ~$185M
Personalis, Inc.
2024-FY EPS reported
-$1.37
revenue$84,614,000
- Full year 2024 revenue of ~$84.6M, up 15% from $73.5M in 2023, above guidance range of $83-84M.
- Pharma/enterprise/other revenue grew 20% to ~$77.2M despite Natera revenue declining 20% to ~$25.4M.
- Q4 revenue of ~$16.8M (down 15% YoY); delivered 1,441 molecular tests, up 52% from Q3.
- Cash, cash equivalents, and short-term investments of ~$185.0M, including $50M strategic investment from Merck; path to cash flow break-even.