InVitae (NVTA) Misses Q1 EPS by 2c
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Invitae Reports $123.7 Million in Revenue in First Quarter of 2022 and Extends Cash Runway
May 3, 2022 4:05 PM EDTExecuting 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
