Seer Q4 revenue $4.6M (+50% YoY); FY22 revenue $15.5M (+134%); guides FY23 $23-25M

Seer, Inc.

Q4 2022 revenue $4.6M, up 50% from $3.1M in Q4 2021; product revenue $3.2M including $1.7M related party.
Full year 2022 revenue $15.5M, up 134% from $6.6M in 2021; net loss $93.0M vs $71.2M prior year.
Shipped 22 instruments in 2022, cumulative 39 as of Dec 31, 2022; gross margin 46% for full year.
Cash, equivalents and investments $426.4M as of Dec 31, 2022.
FY 2023 revenue guidance $23-25M, representing 48%-61% growth over 2022.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Seer, Inc. reported the full year ended December 31, 2022 results: revenue $15.5 million, net income $93.0 million. Guidance raised.

Period: the full year ended December 31, 2022
Revenue: $15.5 million
Net income: $93.0 million
Guidance: raised
Result: reported results

Exact text from the filing

new applications and markets, and continuing to build an industry-leading team. ” Recent Highlights • Achieved revenue of $4.6 million for the fourth quarter of 2022 and $15.5 million for the full year 2022, an increase of 50% and 134% over the corresponding periods of 2021 • Shipped 22 instruments during 2022, bringing cumulative instruments shipped to 39 as

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Seer, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $4.6 million, net income $22.5 million. Guidance raised.

Period: the fourth quarter ended December 31, 2022
Revenue: $4.6 million
Net income: $22.5 million
Guidance: raised
Result: reported results

Exact text from the filing

through presentations and publications, catalyzing new applications and markets, and continuing to build an industry-leading team. ” Recent Highlights • Achieved revenue of $4.6 million for the fourth quarter of 2022 and $15.5 million for the full year 2022, an increase of 50% and 134% over the corresponding periods of 2021 • Shipped 22 instruments during 2022,

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Seer, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-23-006052

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