InVitae (NVTA) Misses Q1 EPS by 2c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/11/2026

1. HUM
2. SPCX
3. ALHC
4. PEP
5. T
6. TMUS
7. SPY
8. CVS
9. UNH
10. DAL

Go back to InVitae (NVTA) Misses Q1 EPS by 2c

Invitae Reports $123.7 Million in Revenue in First Quarter of 2022 and Extends Cash Runway

May 3, 2022 4:05 PM EDT

Executing toward 2022 plan, generating near 20% revenue growth, with $885 million in ending cash*, an annualized burn reduction of greater than $100 million

Broad OPEX controls and portfolio optimization to decrease spend, extend runway through 2023

Company lays out path for continued industry-leading growth while achieving positive operating cash flow by end of 2025

Technology Day investor forum to be held week of July 11, roadmap for the creation of a new category in healthcare

Conference call and webcast today at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time

SAN FRANCISCO,... More