earnings
confidence high
sentiment positive
materiality 0.70
Lucid Diagnostics Q2 2024: EsoGuard test volume +31% QoQ to record 3,147; revenue $1.0M
Lucid Diagnostics Inc.
2024-Q2 EPS reported
-$0.62
revenue$1,977,000
- EsoGuard volume 3,147 (record), up 31% sequentially and 44% YoY; revenue $1.0M flat QoQ but +514% YoY.
- GAAP net loss $11.0M ($0.23/share); non-GAAP adjusted loss $9.7M ($0.20/share).
- Positive clinical data: ENVET-BE study shows 2.4x increased yield; BE-1 study 88% sensitivity, 99% NPV.
- Cash $24.9M after $11.6M Series B-1 preferred stock issuance; held CMS MAC Palmetto GBA MolDX meeting.
- First major #CheckYourFoodTube event with upfront contracted payment; revenue cycle management improving.