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REG - Burning Rock Biotech - BNR Schedules Q1 Earnings Release on May 30, 2023

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RNS Number : 6700X  Burning Rock Biotech Limited  27 April 2023

Burning Rock Provides First Quarter 2023 Business Updates and Schedules
Earnings Release on May 30, 2023

GUANGZHOU, China, April 27, 2023 -Burning Rock Biotech Limited (NASDAQ: BNR
and LSE: BNR, the "Company" or "Burning Rock"), a company focused on the
application of next generation sequencing (NGS) technology in the field of
precision oncology, today announced that it plans to release its unaudited
financial results for the first quarter of 2023 before the U.S. market opens
on May 30, 2023. Following the release, company management will host a
conference call at 8:00 a.m. ET (8:00 p.m. Hong Kong time) on the same day to
discuss its financial results for the first quarter of 2023.

While the Company has not completed the preparation of its financial
statements for the first quarter of 2023, it expects to report a moderately
positive revenue growth on a year-over-year basis, driven by a strong growth
rebound in March, reversing the year-over-year decreasing trend in
January-February. Total test volumes (central-laboratory and in-hospital
combined) in March 2023 increased by approximately 29% year-over-year, driven
by strong growth of the in-hospital channel.

Please register in advance of the conference using the link provided below and
dial in 15 minutes prior to the call, using participant dial-in numbers and
unique registrant ID which would be provided upon registering.

PRE-REGISTER LINK:

https://register.vevent.com/register/BI70acdaea8afc4d3e8f3eec70e5cc3fa7
(https://register.vevent.com/register/BI70acdaea8afc4d3e8f3eec70e5cc3fa7) .

Additionally, a live and archived webcast of the conference call will also be
available on the company's investor relations website at
http://ir.brbiotech.com (http://ir.brbiotech.com) or through link

https://edge.media-server.com/mmc/p/p3h6zb7y
(https://edge.media-server.com/mmc/p/p3h6zb7y) .

A replay of the webcast will be available for 12 months via the same link
above.

Please visit the Company's investor relations website at
https://ir.brbiotech.com/news-events/news-releases on May 30, 2023 to view the
earnings release prior to the conference call.

 

About Burning Rock

Burning Rock Biotech Limited (NASDAQ: BNR and LSE: BNR), whose mission is to
Guard Life via Science, focuses on the application of next generation
sequencing (NGS) technology in the field of precision oncology. Its business
consists of i) NGS-based therapy selection testing for late-stage cancer
patients, and ii) NGS-based cancer early detection, which has moved beyond
proof-of-concept R&D into the clinical validation stage.

For more information about Burning Rock, please visit: www.brbiotech.com
(https://www.globenewswire.com/Tracker?data=oKHzdzt5kGL2zhfVeWLHG4RSCd0Qq3w7WMdcV1zEwpNpJxNTAAS6ngZAI3P9e0D7buq-KTNsAu8r4Xe7JWAAkQ==)
.

 

Safe Harbor Statement

This press release contains forward-looking statements. These statements
constitute "forward-looking" statements within the meaning of Section 21E of
the Securities Exchange Act of 1934, as amended, and as defined in the U.S.
Private Securities Litigation Reform Act of 1995. These forward-looking
statements can be identified by terminology such as "will", "expect",
"anticipates", "future", "intends", "plans", "believes", "estimates",
"target", "confident" and similar statements. Burning Rock may also make
written or oral forward-looking statements in its periodic reports to the SEC,
in its annual report to shareholders, in press releases and other written
materials and in oral statements made by its officers, directors or employees
to third parties. Statements that are not historical facts, including
statements about Burning Rock’s beliefs and expectations, are
forward-looking statements. Such statements are based upon management's
current expectations and current market and operating conditions, and relate
to events that involve known or unknown risks, uncertainties and other
factors, all of which are difficult to predict and many of which are beyond
Burning Rock's control. Forward-looking statements involve risks,
uncertainties and other factors that could cause actual results to differ
materially from those contained in any such statements. All information
provided in this press release is as of the date of this press release, and
Burning Rock does not undertake any obligation to update any forward-looking
statement as a result of new information, future events or otherwise, except
as required under applicable law.

Contact: IR@brbiotech.com

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