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0 0 -0.0296495956873315 -0.056388140161725 -0.0566037735849057 -0.059299191374663 -0.0566037735849057 -0.0431266846361185
Stock impact report

Adaptive Biotechnologies GAAP EPS of -$0.48 misses by $0.15, revenue of $45.78M misses by $2.68M [Seeking Alpha]

Adaptive Biotechnologies Corporation (ADPT) 
Last adaptive biotechnologies corporation earnings: 2/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: adhc.com
Company Research Source: Seeking Alpha
The MRD business, which contributed over 60% of revenue, grew 9% and 18% over the corresponding periods. This growth was more than offset by an expected reduction in GNE amortization in the IM business. clonoSEQ test volume increased 49% to 15,680 tests delivered in the fourth quarter of 2023, compared to the fourth quarter 2022 and ended the year with 56,496 tests delivered, up 53% versus 2022. Adaptive Biotechnologies expects full year revenue for the MRD business to be between $130 million and $140 million. No revenue guidance is provided for the Immune Medicine business. Expect full year operating expenses, including cost of revenue, to be between $360 million and $370 million. Recommended For You Recommended For You About ADPT Stock Related Stocks Trending Analysis Trending News Show less Read more
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