Categories Earnings, Health Care

Invitae (NVTA) Q4 2019 Earnings Snapshot

— Invitae (NYSE: NVTA) reported non-GAAP loss of $0.63 per share in the fourth quarter of 2019 vs. loss of $0.65 per share expected.

— Revenue was $66.3 million vs. $68.14 million expected.

— GAAP net loss was $76.9 million, or a $0.79 per share, compared to a net loss of $29.8 million in the fourth quarter of 2018, or a $0.40 net loss per share.

— For fiscal 2020, the company expects revenue to be more than $330 million.

— Cash burn, including various financing and acquisition-related expenses,  was $278.3 million in 2019, including $75.5 million in the fourth quarter.

We’re on Flipboard! Follow us to receive the latest stock market, earnings, and financial news at your fingertips

Most Popular

V Earnings: Key quarterly highlights from Visa’s Q1 2023 financial results

Visa Inc. (NYSE: V) reported first quarter 2023 earnings results today. Net revenues grew 12% year-over-year to $7.9 billion. GAAP net income rose 6% to $4.2 billion while EPS grew

Earnings: Highlights of Intel’s (INTC) Q4 2022 financial results

Intel Corporation (NASDAQ: INTC) Thursday reported a decline in adjusted earnings and revenues for the fourth quarter. The semiconductor giant also provided guidance for the first quarter of 2023. Fourth-quarter

McCormick (MKC) expects to drive sales growth in 2023 through pricing actions and cost savings

Shares of McCormick & Company Inc. (NYSE: MKC) were down over 5% on Thursday after the company missed expectations on its fourth quarter 2022 results and provided a lower-than-expected earnings

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top