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home / news releases / BNR - Burning Rock Biotech GAAP EPS of -$0.37 misses by $0.01 revenue of $19.5M misses by $2.94M


BNR - Burning Rock Biotech GAAP EPS of -$0.37 misses by $0.01 revenue of $19.5M misses by $2.94M

  • Burning Rock Biotech press release ( NASDAQ: BNR ): Q2 GAAP EPS of -$0.37 misses by $0.01 .
  • Revenue of $19.5M (-1.0% Y/Y) misses by $2.94M .
  • "Second quarter business volumes have been significantly impacted by Covid related restrictions, with severe volume drops in Shanghai and Beijing; however, pharma service revenues, new products and the in-hospital business outside of Shanghai and Beijing have shown strong growth momentum. Burning Rock therefore retains its full year 2022 revenue guidance of approximately RMB620M for now, and would like to highlight the risks of further Covid related impact in the second half of 2022 which is beyond the Company's control and inherently difficult to forecast."

For further details see:

Burning Rock Biotech GAAP EPS of -$0.37 misses by $0.01, revenue of $19.5M misses by $2.94M
Stock Information

Company Name: Burning Rock Biotech Limited
Stock Symbol: BNR
Market: NASDAQ
Website: brbiotech.com

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