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LHDX - Lucira Health GAAP EPS of $0.31 beats by $0.22 revenue of $90.5M beats by $4.15M
Lucira Health Inc.
Lucira Health press release (NASDAQ:LHDX): Q1 GAAP EPS of $0.31 beats by $0.22. Revenue of $90.5M (vs. $4.5M last year) beats by $4.15M. Revenue growth was driven by COVID-19 test sales. Withdrawing previously announced 2022 annual revenue guidance of $450.0 million, due to the unpredictable nature of future COVID-19 infection rates. Cash balance as of March 31, 2022 was $120.6 million.