Seer Q4 revenue rises 5% yr/yr, net loss narrows

Reuters02-27
Seer Q4 revenue rises 5% yr/yr, net loss narrows

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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