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Stock impact report

Seer Inc (SEER) Reports Mixed Financial Results for Q4 and Full Year 2023 [Yahoo! Finance]

Seer, Inc. - Class A (SEER) 
Company Research Source: Yahoo! Finance
Net Loss : Improved net loss figures, with Q4 at $17.8 million and full year at $86.3 million. Gross Margin : Achieved a gross margin of 45.1% in Q4 and 51.1% for the full year. Operating Expenses : Decreased by 11% in Q4, primarily due to reduced product development costs. 2024 Revenue Guidance : Expects revenue to be between $18 million and $20 million, indicating a 14% growth at the midpoint. Liquidity Position : Ended the year with a strong cash position of approximately $373 million. Warning! GuruFocus has detected 5 Warning Signs with SEER. On February 29, 2024, Seer Inc ( NASDAQ:SEER ), a pioneering biotechnology company, released its 8-K filing , detailing its financial performance for the fourth quarter and full year of 2023. Seer Inc, known for its Proteograph Product Suite, aims to provide deep, unbiased biological insights through its proprietary engineered nanoparticle technology. Financial Performance and Challenges Seer Inc reported a slight decline in Show less Read more
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