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0.0344827586206897 -0.0651724137931034 -0.0689655172413794 0.0258620689655173 0.0310344827586207 0.0237931034482759 -0.0689655172413794 -0.0689655172413794
Stock impact report

Cue Health Reports Fourth Quarter 2023 Financial Results

Cue Health Inc. (HLTH) 
Last cue health inc. earnings: 11/6 06:00 am Check Earnings Report
Company Research Source: Business Wire
SAN DIEGO--(BUSINESS WIRE)--Cue Health Inc. ("Cue" or the “Company”) (Nasdaq: HLTH), a healthcare technology company, today reported financial results for the fourth quarter and full-year 2023.Recent HighlightsReported fourth quarter total revenue of $18.8 million. Full-year 2023 total revenue was $70.9 millionSubmitted additional clinical samples and stability data for RSV to the FDA in support of de novo submissionSubmitted additional clinical samples and gathering additional stability data for Flu A/B to the FDA in support of de novo submissionIn late stage development of Herpes + Mpox Multiplex Molecular Test with plan to submit for EUA in 2Q24Executed cost reduction plans, resulting in cash savings of approximately $200 million on an annualized basis, while prioritizing near-term revenue generating opportunitiesReported cash and cash equivalents of $80.9 million as of December 31, 2023“We made progress executing on our strategic priorities in 2023. We obtained two FDA authori Show less Read more
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