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

Lyft (LYFT) expects average ride volumes to improve through Q1 2021

Shares of Lyft Inc. (NASDAQ: LYFT) were up 8% in afternoon hours on Wednesday. The stock has gained 53% over the past 12 months and 25% since the beginning of

With new strategy in place, Target looks poised to tap growing online demand

Department store chain Target Corp. (NYSE: TGT), which has been thriving on the pandemic-driven shopping boom since early last year, maintained its strong performance during the holiday season and entered

Infographic: Dollar Tree’s (DLTR) performance in Q4

Dollar Tree (NYSE: DLTR) reported fourth-quarter financial results before the opening bell on Wednesday. The discount store reported a 7% increase in Q4 net sales to $6.7 billion. The company

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