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Stock impact report

Seer Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Full Year 2024 Outlook [Yahoo! Finance]

Seer, Inc. - Class A (SEER) 
Company Research Source: Yahoo! Finance
REDWOOD CITY, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Seer, Inc. (Nasdaq: SEER), a leading life sciences company commercializing a disruptive new platform for proteomics, today reported financial results for the fourth quarter and full year ended December 31, 2023. Recent Highlights Achieved revenue of $4.4 million for the fourth quarter of 2023, a decrease of 4% over the fourth quarter of 2022, and $16.7 million for the full year 2023, an increase of 8% over the full year 2022 Shipped 23 instruments during 2023, bringing cumulative instruments shipped to 62 as of December 31, 2023 Expanded internationally with the addition of four new distributors and partners First peer-reviewed customer publication in Nature Communications, demonstrating the power of the Proteograph in pQTL analysis Launched the Protein Discovery Catalog with over 10,000 proteins across 1,900 pathways to empower researchers Ended the year with approximately $373 million of cash, cash equivalents an Show less Read more
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