NASDAQ$GH

Guardant Health Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Guardant Health experienced revenue growth and advancements in clinical testing and screening programs.

Guardant Health reported a 38% increase in revenue for Q4 2021, driven by growth in clinical testing and development services. The company also highlighted progress in its ECLIPSE and SHIELD studies and finalized a settlement with Foundation Medicine.

  • Revenue reached $108 million, a 38% increase compared to Q4 2020.
  • Clinical test volume increased by 48% and biopharma test volume increased by 36% year-over-year.
  • ECLIPSE pivotal study for Guardant Shield blood test reached enrollment of 12,750 patients.
  • First patient enrolled in SHIELD study to validate blood-based assay in lung cancer screening.

Headline financials

Total Revenue

$108M

Previous: $78.3M+38.0%
EPS (adj)

-$0.69

Previous: -$0.94+26.6%
Capital Expenditures

$24.6M

Previous: $7.28M+238.2%
Free Cash Flow

-$102M

Previous: -$66.5M-52.8%
Net Income

-$72.3M

Previous: -$93M+22.3%
Operating Income

-$98.2M

Previous: -$91.2M-7.7%
Gross Profit

$74.7M

Previous: $49.9M+49.7%
Cash & Equivalents

$492M

Previous: $833M-40.9%
Total Assets

$2.2B

Previous: $2.27B-3.0%
Stock-Based Comp

$26.9M

Previous: $56.8M-52.7%

Revenue & EPS history

Guardant Health · Revenue · Quarterly

$108M

Q4 2021+38%vs Q4 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Guardant Health · $88.7M total across 1 segment · Q4 2021

  • Oncology Revenue
    $88.7M+37.1%

Forward guidance

Guardant Health expects full year 2022 revenue to be in the range of $460 million to $470 million, representing 23% to 26% growth over full year 2021.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+3.8%

Avg return

Earnings day

+2.6%

Avg return

5 days after

+3.9%

Avg return

30 days after

60%

18 / 30 earnings

Positive

+41.3%

Q4 2018

Best reaction

-30.0%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.3%+6.6%+36.1%
Q4 2025-3.0%-10.4%-19.9%
Q3 2025+28.5%+35.8%+50.0%
Q1 2025+3.5%-11.2%-14.0%
Q4 2024-9.6%-8.9%-2.7%
Q3 2024+21.6%+24.8%+56.8%
Q2 2024-5.9%-5.3%-26.2%
Q1 2024+20.0%+32.7%+53.8%
Q4 2023-14.3%-13.8%-23.9%
Q3 2023-8.5%-24.7%-10.2%
Q2 2023+4.6%+1.9%-3.1%
Q1 2023+17.2%+12.1%+38.5%
Q4 2022+4.4%+11.7%-12.6%
Q3 2022+3.3%-3.1%+17.5%
Q2 2022+1.6%-6.0%+2.0%
Q1 2022-30.0%-44.3%-32.3%
Q4 2021+6.0%+7.0%-4.3%
Q3 2021-3.8%-5.8%-20.8%
Q2 2021+0.2%-7.7%+15.7%
Q1 2021-3.1%-14.0%-15.8%
Q4 2020-6.7%-5.0%-15.3%
Q3 2020-0.4%-1.1%+9.0%
Q2 2020+0.6%-4.0%+6.8%
Q1 2020+9.0%+19.6%+2.9%
Q4 2019-14.7%-2.1%-25.9%
Q3 2019+11.2%+13.8%+14.4%
Q2 2019+25.8%+18.2%-5.2%
Q1 2019+17.4%+12.0%+40.3%
Q4 2018+41.3%+46.6%+7.9%
Q3 2018-6.7%+3.1%-2.7%
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

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