Seer Q2 2022 revenue $3.6M, net loss $22.8M; guidance reaffirmed

Seer, Inc.

2022-Q2 EPS reported -$0.75 revenue$6,934,000

Revenue $3.6M vs $1.3M YoY; product revenue $3.5M including $1.1M from related party.
Net loss $22.8M vs $16.6M YoY; operating expenses $25.0M up from $17.4M.
Cash, equivalents and investments $456.1M as of June 30, 2022.
FY 2022 revenue guidance reaffirmed at $14M-$16M.
Launched Proteograph Analysis Suite 2.0 for scalable proteogenomic analysis.

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