GRAL Earnings Prediction
The chart below shows how GRAL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GRAL sees a -1.96% change in stock price 10 days leading up to the earnings, and a -5.81% change 10 days following the report. On the earnings day itself, the stock moves by +3.06%. This data can give you a slight idea of what to expect for the next quarter's release.
GRAL Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
28.65M
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Gross Margin
-77.60%
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Operating Margin
-573.34%
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Net Margin
-438.67%
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EPS
-3.94
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No Data Available
GRAL Earnings Analysis
GRAIL, Inc. Common Stock Corporation (GRAL.O) Earnings Conference Call
Positive
Strong Revenue Increase: Third quarter results were strong with revenue of $28.7 million, up $7.9 million or 38% compared to Q3 2023.
Quarterly Revenue Breakdown: Total revenue for the quarter is comprised of $25.4 million of screening revenue and $3.3 million of development services revenue.
Quarterly Revenue Surge: Screening revenue of $25.4 million in the third quarter was up 52% compared to the third quarter of 2023, primarily based on an increase in sales volume.
Quarterly Net Loss Improvement: Net loss for the quarter was $125.7 million, an improvement of 86% compared to Q2 2023, which was impacted by a large goodwill and intangible asset impairment.
Adjusted Gross Profit Increase: Adjusted gross profit for the second quarter of 2024 was $11.8 million, an increase of $4.8 million or 68% compared to Q3 2023.
Negative
Quarterly Net Loss Improvement: Net loss for the quarter was $125.7 million, an improvement of 86% compared to Q2 2023, which was impacted by a large goodwill and intangible asset impairment.
Adjusted EBITDA Improvement: Adjusted EBITDA for the second quarter of 2024 was a negative $108.2 million, representing an improvement of $17.9 million or 14% compared to Q3 2023.
Q3 Revenue Surge: Screening revenue of $25.4 million in the third quarter was up 52% as compared with the third quarter of 2023, primarily based on an increase in sales volume in Q3 2024 as compared to the same quarter last year.
Revenue Composition Analysis: Total revenue for the quarter is comprised of $25.4 million of screening revenue and $3.3 million of development services revenue, indicating a reliance on screening revenue for overall performance.
Cash Burn Reduction Expectations: We continue to expect reductions in our cash burn in line with the guidance we provided last quarter.
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GRAL Earning Call Sentiment
GRAIL Inc. (GRAL) Q3 2024 Earnings Call Transcript
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GRAL.O
-9.49%Positive
The earnings call reveals mixed signals: strong revenue growth and improved cash burn guidance are positive, but competitive pressures, regulatory risks, and significant cash burn pose concerns. The Q&A highlights uncertainties in reimbursement and cost management, adding to the cautious outlook. The narrowed sales growth guidance for 2024 and potential supply chain challenges further temper optimism. Overall, despite some positive financial metrics, the uncertainties and risks balance out the positives, leading to a neutral sentiment prediction for the stock price movement.