PartnerRe (PRE) Reports Q2 Loss of $2.91/sh

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Go back to PartnerRe (PRE) Reports Q2 Loss of $2.91/sh

Prenetics Announces Second Quarter 2022 Financial Results and Raises Full Year Adjusted EBITDA Outlook

September 9, 2022 9:03 AM EDT

Revenue of US$51.7 million in the second quarter of 2022Loss from operations of US$(17.9) million and adjusted EBITDA1 of US$6.5 million in the same periodRaises full year adjusted EBITDA guidance to the range of US$35 million to US$45 million, with corresponding full year revenue guidance in the range of US$255 million to US$275 millionStrong cash and cash equivalents, short-term financial assets, trade receivables, deposits, prepayments and other receivables of US$215.3 million on balance sheet as of June 30, 2022Successfully launched two pipeline products, ColoClear and Circle SnapShot in the period, growing Prenetics beyond... More