NTRA - Natera GAAP EPS of -$1.37 beats by $0.05 revenue of $217.3M beats by $1.8M
- Natera press release ( NASDAQ: NTRA ): Q4 GAAP EPS of -$1.37 beats by $0.05 .
- Revenue of $217.3M (+25.6% Y/Y) beats by $1.8M .
- At December 31, 2022, Natera held approximately $898.4 million in cash, cash equivalents, short-term investments and restricted cash, compared to $914.5 million as of December 31, 2021. As of December 31, 2022, Natera had a total outstanding debt balance of $362.0 million,
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Financial Outlook
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Natera anticipates 2023 total revenue of $980 million to $1.0 billion; 2023 gross margin to be approximately 41% to 44% of revenues; selling, general and administrative costs to be approximately $510 million to $540 million; research and development costs to be $325 million to $345 million, and net cash consumption to be $300 million to $325 million**.
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Natera GAAP EPS of -$1.37 beats by $0.05, revenue of $217.3M beats by $1.8M