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0 -0.0566037735849058 0.00741239892183282 -0.0229110512129381 0.000336927223719639 -0.0633423180592993 -0.0646900269541779 -0.0768194070080864
Stock impact report

Cue Health Reports Fourth Quarter 2023 Financial Results [Yahoo! Finance]

Cue Health Inc. (HLTH) 
Last cue health inc. earnings: 11/6 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Recent Highlights Reported fourth quarter total revenue of $18.8 million. Full-year 2023 total revenue was $70.9 million Submitted additional clinical samples and stability data for RSV to the FDA in support of de novo submission Submitted additional clinical samples and gathering additional stability data for Flu A/B to the FDA in support of de novo submission In late stage development of Herpes + Mpox Multiplex Molecular Test with plan to submit for EUA in 2Q24 Executed cost reduction plans, resulting in cash savings of approximately $200 million on an annualized basis, while prioritizing near-term revenue generating opportunities Reported 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 authorizations including a de novo approval for our COVID-19 Molecular Test and an EUA for our Mpox Molecular Test, and made two de novo submissions for our RSV and Flu standalone mo Show less Read more
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