InVitae (NVTA) Announces Strategic Business Realignment, Reports Preliminary Second Quarter Results
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Invitae Announces Strategic Business Realignment to Accelerate Its Path to Positive Cash Flow and Realize Full Potential of Industry-Leading Genetics Testing Platform
July 18, 2022 4:13 PM EDTÂ Â Exiting non-core businesses and geographies to prioritize higher-margin business initiatives
  Expects to deliver approximately $326 million in non-GAAP annualized cost savings in 2023
  Provides preliminary revenue and gross margin ranges for the second quarter of 2022; amends full-year 2022 financial guidance
Conference call and webcast today at 5:00 p.m. Eastern Time / 2:00 p.m. Pacific Time
SAN FRANCISCO, July 18, 2022 /PRNewswire/ --... More
