NASDAQ$PSNL

Personalis Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Reported record revenues and increased volume for testing and analytical services.

Personalis reported record revenues of $18.2 million in the fourth quarter of 2019, a 38% increase compared to the same period in the prior year. The growth was primarily driven by an increase in volume for testing and analytical services provided to the U.S. Department of Veterans Affairs Million Veteran Program (VA MVP).

  • Reported record revenues of $18.2 million in Q4 2019, a 38% increase year-over-year.
  • A total of 9 different customers placed orders for NeXT during Q4 2019.
  • Launched NeXT Dx Test, a diagnostic test for biopharmaceutical customers to utilize in clinical trials.
  • VA MVP accounted for 76% of revenues in Q4 2019.

Headline financials

Total Revenue

$18.2M

Previous: $13.2M+38.0%
EPS (adj)

-$0.21

Previous: -$0.16-28.5%
Gross margin

36.2%

No prior period
Net Income

-$6.65M

Previous: -$3.56M-86.9%
Operating Income

-$7.2M

Previous: -$3.15M-128.6%
Gross Profit

$6.57M

Previous: $4.83M+35.9%
Cash & Equivalents

$55M

No prior period
Total Assets

$157M

No prior period

Revenue & EPS history

Personalis · Revenue · Quarterly

$18.2M

Q4 2019+38%vs Q4 2018
Beat estimate in 6 of 11 quarters(55%)
ActualEstimate

Revenue by segment

Personalis · $18.2M total across 4 segments · Q3 2023

  • Pharma tests and services
    $8M
  • Enterprise sales
    $7.81M
  • Population sequencing
    $2.4M
  • Other
    $38K

Forward guidance

Due to uncertainty surrounding the COVID-19 pandemic, Personalis is withdrawing previous 2020 guidance and will provide an updated outlook for 2020 during its first quarter earnings announcement and press release.

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 2019

Historical avgQ4 2019

+1.0%

Avg return

Earnings day

+1.5%

Avg return

5 days after

+1.5%

Avg return

30 days after

59%

16 / 27 earnings

Positive

+19.9%

Q1 2025

Best reaction

-23.4%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.2%-0.7%+76.6%
Q4 2025+0.6%-1.1%-29.8%
Q3 2025-12.3%-1.1%+9.5%
Q1 2025+19.9%+27.5%+30.3%
Q4 2024-2.4%+5.9%-14.6%
Q3 2024-23.4%-12.8%-26.4%
Q2 2024+7.2%+34.7%+67.8%
Q1 2024+4.4%-2.5%-14.6%
Q4 2023+3.3%+16.0%-0.7%
Q3 2023+10.4%-3.8%+39.6%
Q2 2023+4.7%+7.9%-17.9%
Q1 2023+4.5%+3.2%-6.4%
Q4 2022-7.2%-5.3%-18.2%
Q3 2022-1.5%-15.3%+4.7%
Q2 2022+10.6%+11.1%-21.4%
Q1 2022-7.2%-24.8%-34.1%
Q4 2021+12.2%+11.0%-14.4%
Q3 2021+2.6%-5.4%-38.9%
Q2 2021+10.2%+4.1%+12.4%
Q1 2021-0.6%-9.9%-4.3%
Q4 2020-11.1%-10.8%-36.3%
Q3 2020+0.1%-0.3%+13.6%
Q2 2020-2.4%-3.7%-4.7%
Q1 2020+4.6%+7.2%+27.6%
Q4 2019+17.5%+27.5%+52.8%
Q3 2019+0.2%-12.7%+0.3%
Q2 2019-15.6%-6.2%-11.6%
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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