Overview
Proteomics firm's Q4 revenue rose 5% yr/yr, driven by higher product sales
Net loss for Q4 narrowed to $16 mln from $21.7 mln yr/yr
Operating expenses for Q4 fell 23% due to reduced stock-based compensation
Outlook
Seer expects full-year 2026 revenue between $16 mln and $18 mln
Company faces ongoing budgetary pressures, including NIH funding uncertainty
Seer confident about opportunities in 2026 due to installed base growth
Result Drivers
INSTALLED BASE GROWTH - Seer expanded its installed base to 82 instruments, a 67% increase year-over-year, with 33 instruments installed in 2025
OPERATING EXPENSE REDUCTION - Operating expenses fell 23% in Q4 due to reduced stock-based compensation, laboratory expenses, and professional services
Company press release: ID:nGNX8lQgMF
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | $4.20 mln | ||
Q4 EPS | -$0.29 | ||
Q4 Net Income | -$15.99 mln | ||
Q4 Gross Margin | 52% | ||
Q4 Gross Profit | $2.18 mln | ||
Q4 Operating Expenses | $19.57 mln |
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the office equipment peer group is "buy"
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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