SOPHiA GENETICS SA (SOPH) Tops Q2 EPS by 8c

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SOPHiA GENETICS Reports Financial Results for the Second Quarter of Fiscal 2022

August 9, 2022 7:05 AM EDT

Steady Operational Performance Amidst Macroeconomic Headwinds

BOSTON and LAUSANNE, Switzerland, Aug. 09, 2022 (GLOBE NEWSWIRE) -- SOPHiA GENETICS SA (Nasdaq: SOPH), a cloud-native software company in the healthcare space, today reported financial results for the second quarter ended June 30, 2022.

Recent Highlights

Revenue for the second quarter of 2022 was $11.7 million, representing year-over-year growth of 15%; constant currency revenue growth excluding COVID-19-related revenues was 36%Gross margin was 65% for the second quarter of 2022 compared to 61% for the second quarter of 2021; adjusted gross... More