Seer Inc reports results for the quarter ended June 30 - Earnings Summary

• Seer Inc SEER.OQ reported a quarterly adjusted loss of 33 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -35 cents. The mean expectation of two analysts for the quarter was for a loss of 37 cents per share. Wall Street expected results to range from -39 cents to -35 cents per share.

• Revenue rose 31.9% to $4.05 million from a year ago; analysts expected $3.75 million.

• Seer Inc's reported EPS for the quarter was a loss of 33 cents​.

• The company reported a quarterly loss of $19.42 million.

• Seer Inc shares had fallen by 0.9% this quarter and lost 8.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.9% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the office equipment peer group is also "buy"

This summary was machine generated from LSEG data August 6 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)