earnings
confidence high
sentiment negative
materiality 0.60
Sera Prognostics Q3 net loss widens to $9.9M; cash $82.5M; salesforce scaling to 26 reps
SERA PROGNOSTICS, INC.
2021-Q3 EPS reported
-$2.32
revenue$56,000
- Revenue $23K vs $5K YoY; net loss $9.9M vs $5.1M YoY.
- Operating expenses $9.5M (R&D $2.7M, SG&A $6.7M) up from $4.6M due to scaling commercial ops and public company costs.
- Cash & equivalents $82.5M plus $67.5M available-for-sale securities.
- Salesforce now 26 reps; appointed Paul Kearney as Chief Data Officer, Zhenya Lindgardt to Board, Woodrow Myers as advisor.
- Published health economic study showing PreTRM test could reduce $54M in costs; clinical validation study published.