Cue Health’s Post

Today we reported our fourth quarter and full-year 2023 results, during which we reached a number of milestones: - Reported fourth quarter total revenue of $18.8 million. Full-year 2023 total revenue was $70.9 million - Submitted additional clinical samples and stability data for RSV to the FDA in support of de novo submission - Submitted additional clinical samples and gathering additional stability data for Flu A/B to the FDA in support of de novo submission - In late stage development of Herpes + Mpox Multiplex Molecular Test with plan to submit for EUA in 2Q24 - Executed cost reduction plans, resulting in cash savings of approximately $200 million on an annualized basis, while prioritizing near-term revenue generating opportunities - Reported cash and cash equivalents of $80.9 million as of December 31, 2023 "We made progress executing on our strategic priorities in 2023. We obtained two FDA authorizations including a de novo approval for our COVID-19 Molecular Test and an EUA for our Mpox Molecular Test, and made two de novo submissions for our RSV and Flu standalone molecular tests. We also drove significant development progress on our all-in-one Flu + COVID-19 + RSV test, our Herpes + Mpox multiplex test, and we expanded our Integrated Care Platform with a new suite of at-home diagnostics tests and treatments, all while streamlining our cost structure," said Ayub Khattak, Chairman and CEO of Cue. "We believe that these successes have positioned us well for 2024." Read more about this news here: http://spr.ly/6042ku8Le

Cue Health Reports Fourth Quarter and Full-Year 2023 Financial Results

Cue Health Reports Fourth Quarter and Full-Year 2023 Financial Results

investors.cuehealth.com

Ican S.

Machine operator

5mo

I wouldn’t recommend vouching for them they are going bankrupt already token to court 🤣 8k 😝

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