NASDAQ$SEER
Seer Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Seer's Q2 2024 financial results were reported, with revenue of $3.1 million and the launch of STAC in Europe.
Seer, Inc. reported a revenue of $3.1 million for Q2 2024, a 23% decrease compared to the previous year. The company launched the Seer Technology Access Center (STAC) in Europe and ended the quarter with $344.6 million in cash, cash equivalents, and investments. They are adjusting full year revenue expectations to $13-$15 million.
- Revenue for the second quarter of 2024 was $3.1 million.
- Seer Technology Access Center (STAC) was launched in Europe.
- Ended the quarter with $344.6 million in cash, cash equivalents and investments.
- Full year 2024 revenue is now expected to be in the range of $13 million to $15 million.
Headline financials
Revenue & EPS history
Seer · Revenue · Quarterly
$3.07M
Revenue by segment
Seer · $3.81M total across 3 segments · Q3 2023
- Product Revenue$1.85M-28.1%48.5%
- Related Party Revenue$1.43M+8.6%37.5%
- Service Revenue$536K-21.8%14.1%
Forward guidance
Seer now expects full year 2024 revenue to be in the range of $13 million to $15 million, compared to the prior range of $16 million to $18 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2024
-1.1%
Avg return
Earnings day
-3.4%
Avg return
5 days after
-1.5%
Avg return
30 days after
38%
9 / 24 earnings
Positive
+39.4%
Q4 2022
Best reaction
-33.3%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.7% | -7.7% | -6.0% | |
| Q4 2025 | -17.4% | -11.1% | -20.2% | |
| Q3 2025 | -1.4% | -4.6% | -13.4% | |
| Q1 2025 | +10.0% | +7.8% | +7.8% | |
| Q4 2024 | -4.5% | -7.3% | -20.9% | |
| Q3 2024 | +9.4% | +10.3% | +22.2% | |
| Q2 2024 | +0.0% | -1.2% | -4.7% | |
| Q1 2024 | -6.8% | -10.0% | -21.7% | |
| Q4 2023 | +1.1% | +6.1% | +5.6% | |
| Q3 2023 | -7.4% | -11.4% | -5.1% | |
| Q2 2023 | -33.3% | -40.6% | -43.6% | |
| Q1 2023 | -2.2% | -11.2% | +33.7% | |
| Q4 2022 | +39.4% | +20.8% | -1.3% | |
| Q3 2022 | -3.4% | +22.0% | -7.4% | |
| Q2 2022 | +19.5% | +6.9% | -12.4% | |
| Q1 2022 | +5.5% | -5.7% | +5.7% | |
| Q4 2021 | -6.6% | -15.3% | +1.8% | |
| Q3 2021 | -11.4% | -13.5% | -31.0% | |
| Q3 2020 | -11.4% | -13.5% | -31.0% | |
| Q2 2021 | +8.1% | -0.8% | +44.5% | |
| Q2 2020 | +8.1% | -0.8% | +44.5% | |
| Q1 2020 | -11.4% | -8.8% | +4.1% | |
| Q1 2021 | -16.1% | -22.2% | -17.9% | |
| Q4 2020 | +7.6% | +29.9% | +31.1% | |
| Q4 2019 | — | — | — |
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