earnings
confidence high
sentiment neutral
materiality 0.50
Sera Prognostics Q2 2024 net loss narrows to $8.3M; revenue drops to $24k
SERA PROGNOSTICS, INC.
2024-Q2 EPS reported
-$0.50
revenue$24,000
- Q2 2024 revenue was $24,000, down from $123,000 in Q2 2023.
- Net loss improved 21% to $8.3M from $10.5M in Q2 2023.
- Operating expenses decreased 20% to $9.3M; SG&A down 38% to $4.9M, R&D up 19% to $4.4M.
- Published positive AVERT PRETERM TRIAL results; PRIME study database lock expected mid-September; NY State conditional approval for whole-blood collection.