Personalis, Inc. Provides Financial Guidance for the Fourth Quarter and Full Year of 2021
November 04, 2021 at 07:00 am EDT
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Personalis, Inc. provided financial guidance for the fourth quarter and full year of 2021. For the quarter, the company expects total revenue to be in the range of $20.2 million to $20.4 million and net loss to be in the range of $22 million to $23 million.
For the full year of 2021, the company expects total revenue to be approximately $85 million and net loss to be in the range of $67 million to $68 million.
Personalis, Inc. is engaged in developing and marketing advanced cancer genomic tests and analytics. The Companyâs advanced genomic sequencing and analytics support the development of personalized cancer vaccines and other next generation cancer immunotherapies. Its products include NeXT Personal, ImmunoI DNeXT, NeXT Personal Dx, NeXT Dx, whole exome sequencing (WES), and whole genome sequencing (WGS). NeXT Personal is a tumor-informed liquid biopsy test for detection of minimal residual disease (MRD) and recurrence in cancer. NeXT Dx is a comprehensive tumor profiling test that unlocks the entire exome (DNA) and transcriptome (RNA) with matched tumor-normal analysis. The Company performed WGS on human samples for research projects, such as population sequencing initiatives. The Companyâs tests and analytics are used by pharmaceutical companies for translational research, biomarker discovery, the development of personalized cancer therapies.
PERSONALIS, INC. 
