Schrodinger Inc. (SDGR) Reports Q4 Revenues Miss; Offers FY21 Revenues Guidance Below Consensus

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Go back to Schrodinger Inc. (SDGR) Reports Q4 Revenues Miss; Offers FY21 Revenues Guidance Below Consensus

Schrödinger Reports Financial Results for the Fourth Quarter and Full Year 2020 and Provides Outlook for 2021

March 4, 2021 7:01 AM EST

Total revenue of $108.1 million in 2020, up 26 percent year-over-year

Software revenue of $92.5 million in 2020, up 39 percent year-over-year

Strong financial position enables continued investment in advancing the science underlying Schrödingers computational platform

Internal pipeline progressing, with plans to submit investigational new drug applications in 2022

Conference call today, Thursday, March 4, at 8:30 a.m. ET

NEW YORK--(BUSINESS... More