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23andMe Q4 2023 Earnings Report

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$3.27 +0.21 (+6.86%)
(As of 12/20/2024 05:40 PM ET)

23andMe EPS Results

Actual EPS
-$2.80
Consensus EPS
-$3.00
Beat/Miss
Beat by +$0.20
One Year Ago EPS
-$3.20

23andMe Revenue Results

Actual Revenue
$92.38 million
Expected Revenue
$88.40 million
Beat/Miss
Beat by +$3.98 million
YoY Revenue Growth
-8.10%

23andMe Announcement Details

Quarter
Q4 2023
Time
After Market Closes

Conference Call Resources

Conference Call Audio

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23andMe Earnings Headlines

How safe is my information with DNA ancestry tests?
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About 23andMe

23andMe (NASDAQ:ME) Holding Co. operates as a consumer genetics testing company. The company operates in two segments, Consumer & Research Services and Therapeutics. The Consumer & Research Services segment provides a suite of genetic reports, including information on customers' genetic ancestral origins, personal genetic health risks, and chances of passing on certain rare carrier conditions to their children, as well as reports on how genetics can impact responses to medications. This segments also operates Lemonaid telehealth platform to access affiliated licensed healthcare professionals for medical consultation and treatment for various common conditions; and offers research services. The Therapeutics segment focuses on the drug development; and discovery and development of novel therapies to enhance patient lives across various therapeutic areas, including oncology, respiratory, and cardiovascular diseases, as well as offers out-licensing intellectual property associated with identified drug targets related to drug candidates under clinical development. The company's therapeutics product portfolio comprises 23ME-00610 (P006), a humanized monoclonal antibody, which is in phase 1/2a clinical trials to interfere with the ability of CD200R1 to interact with CD200 in cancer cells; and GSK6097608, an antibody that targets CD96 for attenuating T and NK cell anti-tumor immune responses. The company was incorporated in 2006 and is headquartered in South San Francisco, California.

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