Alex Vukasin's questions to Grail Inc (GRAL) leadership • Q2 2025
Question
Alex Vukasin of Canaccord Genuity inquired about GRAIL's Q2 cash burn and the key dynamics expected to impact the burn rate in the second half of 2025.
Answer
CFO Aaron Freidin noted a first-half burn of approximately $160 million and projected a decrease in the second half, driven by higher volumes, increased revenue, and greater efficiency from the new automated platform. CEO Bob Ragusa added that the company's restructuring provided flexibility, leading to an improved full-year cash burn guidance of no more than $310 million.