SOPHiA GENETICS SA Q2 Loss Decreases, Beats Estimates

SOPHiA GENETICS SA (SOPH) announced Loss for second quarter that decreased from the same period last year and beat the Street estimates.

The company's bottom line totaled -$15.19 million, or -$0.23 per share. This compares with -$21.40 million, or -$0.33 per share, in last year's second quarter.

Analysts on average had expected the company to earn -$0.28 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.0% to $15.81 million from $15.05 million last year.

SOPHiA GENETICS SA earnings at a glance (GAAP) :

-Earnings (Q2): -$15.19 Mln. vs. -$21.40 Mln. last year.
-EPS (Q2): -$0.23 vs. -$0.33 last year.
-Revenue (Q2): $15.81 Mln vs. $15.05 Mln last year.

-Guidance:
Full year revenue guidance: $65 Mln - $67 Mln

by RTTNews Staff Writer

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