SNCE - Science 37 reports Q2 mixed earnings; narrows FY22 guidance
- Science 37 press release ( NASDAQ: SNCE ): Q2 GAAP EPS of -$0.05 beats by $0.19 .
- Revenue of $19.3M (+53.8% Y/Y) misses by $0.2M .
- Net bookings were $25.4M for the quarter ended June 30, 2022, compared to $44.1M for the same period in 2021.
- Adjusted EBITDA was -$16.5M for the quarter ended June 30, 2022, compared to -$5.4M in the same period in 2021.
- Science 37 is providing revenue guidance of $76 million to $86 million vs. consensus of $92.24M and adjusted EBITDA guidance of $(65) million to $(69) million for the fiscal year ending December 31, 2022.
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Science 37 reports Q2 mixed earnings; narrows FY22 guidance