Schrodinger Inc. (SDGR) Tops Q4 EPS by 12c

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Go back to Schrodinger Inc. (SDGR) Tops Q4 EPS by 12c

Schrödinger Reports Strong Fourth Quarter and Full-Year 2022 Financial Results

February 28, 2023 4:00 PM EST

Delivered 31% Annual Total Revenue Growth, with Total Revenue of $181.0 Million

Achieved Fourth Quarter Software Revenue of $47.8 Million, a 24% Increase Over Fourth Quarter 2021

Expects Continued Revenue Growth and Reduced Cash Burn in 2023

NEW YORK--(BUSINESS WIRE)-- Schrödinger, Inc. (Nasdaq: SDGR), whose physics-based computational platform is transforming the way therapeutics and materials are discovered, today announced financial results for the fourth quarter and full-year ended December 31, 2022, and provided its financial outlook for 2023.

We are very pleased with our performance across all... More