Invitae (NYSE: NVTA) announced its 2022 Q4 financial results on February 28, 2023. According to the announcement, total revenue was down 2.9% (3 months, YoY). In addition, Invitae recorded operating loss and net loss of -94,895 thousand USD and -99,817 thousand USD, respectively (3 months). Please note that these losses in 2022 are significantly smallerContinue reading “Invitae recorded Positive Free Cash Flow in 2022 Q4”
Category Archives: NVTA
Invitae recorded Stockholder’s Equity Ratio less than 8% in 2022 Q3
Invitae (NYSE: NVTA) announced 2022 Q3 financial results on November 8, 2022. According to the announcement, total revenue was up 16.7% (3 months, YoY). In addition, Invitae recorded operating loss and net loss of 289,951 thousand USD and 198,176 thousand USD, respectively (3 months). Moreover, gross margin was 12.4% (3 months). It was down 1088bpContinue reading “Invitae recorded Stockholder’s Equity Ratio less than 8% in 2022 Q3”
Cash Burn in 2022 Q2 was improved compared to 2022 Q1
Invitae (NYSE: NVTA) announced its 2022 Q2 financial results on August 9, 2022. According to the announcement, total revenue was up 17% (3 months, YoY). On the other hand, Invitae recorded asset impairment of 2,318 million USD. As a result, loss from operation and net loss were 2,520 million USD and 2,523 million USD, respectivelyContinue reading “Cash Burn in 2022 Q2 was improved compared to 2022 Q1”
Invitae reduced Outflow of Cash by 26 million USD in 2022 Q1
Invitae (NYSE: NVTA) announced its 2022 Q1 financial results on May 3, 2022. According to the announcement, total revenue was up 19.4% (YoY, 3 months). Meanwhile, Invitae continued to record loss from operation and net loss. The loss from operation and net loss recorded 213 million USD and 182 million USD, respectively. In the past, theContinue reading “Invitae reduced Outflow of Cash by 26 million USD in 2022 Q1”
Invitae continued Its Upfront Investment in 2021
Invitae (NYSE: NVTA) announced its 2021 Q4 financial results on February 22th, 2022. According to the announcement, total revenue was up 26% (YoY, 3 months). On the other hand, Invitae has recorded an operating loss and a net loss. The amount of net loss for 2021 Q4 was 205 million USD, which was decreased byContinue reading “Invitae continued Its Upfront Investment in 2021”
Invitae recorded Net Loss of 174 Million USD in 9 Months ending September 30
Invitae (NYSE: NVTA) announced its 2021 Q3 financial results on November 8, 2021. According to the announcement, total revenue was up 66% (3 months, YoY). On the other hand, loss from operation and net loss increased by 139% and 93%, respectively (3 months, YoY). Among the net loss of 174 million USD (9 months), theContinue reading “Invitae recorded Net Loss of 174 Million USD in 9 Months ending September 30”
Invitae issued over 1 Billion USD Convertible Senior Notes in 2021
Invitae Corporation announced its 2021 Q2 financial results on August 3rd. As a result, the total revenue was up significantly of 151.8% (YoY, 3 months). However, Invitae is continuously recording net loss and negative cash flow. In this regard, loss from operation was down 5.8% (YoY, 3 months). In addition, net loss was down 22.5%.Continue reading “Invitae issued over 1 Billion USD Convertible Senior Notes in 2021”
Invitae Corporation announced 2021 Q1 Earning Results on May 4th
Invitae Corporation (NYSE: NVTA) announced 2021 Q1 earning results on May 4th, 2021. According to the announcement, total revenue was up 61.2% (3 months, YoY). On the other hand, operating loss and net loss was USD 112.4 million and USD 116.3 million, respectively. The operating loss and net loss were increased on year-over-year basis. These increaseContinue reading “Invitae Corporation announced 2021 Q1 Earning Results on May 4th”
Invitae recorded increased Net Loss in 2020
Invitae Corporation (NYSE: NVTA) announced its 2020 Q4 earning results and its annual results on February 17th, 2021. As a result, total revenue was up 29.0% (TTM, YoY) despite its operating loss and net loss increased significantly. These increased losses are due to large amounts of expenses spent on recent M&A by Invitae. Among 609Continue reading “Invitae recorded increased Net Loss in 2020”