SOPHiA GENETICS Reports First Quarter 2024 Results
SOPHiA GENETICS SA - Ordinary Shares (SOPH)
Company Research
Source: GlobeNewswire
BOSTON and ROLLE, Switzerland, May 07, 2024 (GLOBE NEWSWIRE) -- SOPHiA GENETICS (Nasdaq: SOPH), a cloud-native software company and leader in data-driven medicine, today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Revenue grew 13% year-over-year to $15.8 million; Constant currency revenue excluding COVID-related revenue grew 12% year-over-yearGross margins were 65.9% on a reported basis and 70.5% on an adjusted basisOperating loss was $18.8 million on a reported basis and $14.1 million on an adjusted basis, representing year-over-year improvements of 3% and 13%, respectivelyReiterated full-year guidance, including revenue growth of 25% to 30%, adjusted gross margin of 72.5% to 72.7%, and adjusted operating loss between $45 million and $50 millionEntered into an agreement with Perceptive Advisors for up to $50 million in debt financing to provide additional capital flexibility to accelerate our growth and buttre
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SOPH
News
- Klinikum Klagenfurt am Wörthersee is Live with SOPHiA GENETICS [Yahoo! Finance]Yahoo! Finance
- Klinikum Klagenfurt am Wörthersee is Live with SOPHiA GENETICSPR Newswire
- SOPHiA GENETICS SA (NASDAQ:SOPH) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- SOPHiA GENETICS First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- Wall Street Analysts Think SOPHiA GENETICS (SOPH) Could Surge 64.95%: Read This Before Placing a Bet [Yahoo! Finance]Yahoo! Finance
SOPH
Earnings
- 5/7/24 - Beat
SOPH
Sec Filings
- 5/15/24 - Form 6-K
- 5/13/24 - Form 144
- 5/10/24 - Form 144
- SOPH's page on the SEC website