earnings
confidence high
sentiment positive
materiality 0.75
Guardant Health prelim FY22 revenue $447-450M, up 20%; test volumes up >40% YoY
Guardant Health, Inc.
2022-FY EPS reported
-$6.41
revenue$449,538,000
- Preliminary FY22 revenue $447M-$450M, up 20% YoY; Q4 revenue $124M-$127M, up 15-17%.
- FY22 clinical test volumes 124,800 (+42% YoY); biopharma tests 26,000 (+40% YoY).
- Q4 clinical tests 36,000 (+41% YoY); biopharma tests 8,200 (+24% YoY).
- Cash, equivalents and marketable debt securities $1.0B as of Dec 31, 2022.
- Positive ECLIPSE trial readout for Shield blood-based colorectal cancer test; expanding to lung cancer.