Invitae down 16% premarket on Q1 revenue miss

|About: Invitae Corporation (NVTA)|By:, SA News Editor

Invitae (NYSE:NVTA) slumps 16% premarket on light volume after posting Q1 results yesterday after the close.

Revenue was up 46.6% to $40.6M, but was shy of $47.2M consensus.

Sample volume was up 47% to  94,000.

Net loss was ($37.7M) and loss/share was ($0.47).

Cash consumption was ($28.4M).

Previously: Invitae EPS in-line, misses on revenue (May 7)

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