Reports Q1 revenue $17.78M, consensus $16.75M. “We started the year strong with year-over-year revenue growth of 13%, or 15% on a constant currency basis, as the large amount of new business signed in 2024 begins to ramp,” said Jurgi Camblong, CEO and co-founder. “In addition to reaccelerating topline growth, we also continued to optimize SOPHiA DDM’s data processing capabilities and delivered a record adjusted gross margin of 75.7%, up 520bps year-over-year. Prudent cost management across all spending categories resulted in a 24% year-over-year improvement to adjusted EBITDA loss during the period, demonstrating steady progress on our path to profitability.”
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