Adaptive Biotechnologies Reports First Quarter 2024 Financial Results [Yahoo! Finance]
Adaptive Biotechnologies Corporation (ADPT)
Last adaptive biotechnologies corporation earnings: 2/26 04:05 pm
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Source: Yahoo! Finance
biotechnology company that aims to translate the genetics of the adaptive immune system into clinical products to diagnose and treat disease, today reported financial results for the quarter ended March 31, 2024. “This quarter, we implemented important decisions to maximize the value of our MRD and Immune Medicine businesses. I am confident in the steps we are taking to execute on their respective priorities with separate segment reporting,” said Chad Robins, chief executive officer and co-founder of Adaptive Biotechnologies. “Our cash position is strong and will enable us to bridge the MRD business to profitability while advancing key programs in Immune Medicine through gated investments.” Recent Highlights Revenue for the first quarter of 2024 was $41.9 million. The MRD business, which contributed 78% of revenue, grew 52% versus the first quarter of 2023. clonoSEQ test volume in the first quarter of 2024 grew 41% to 17,040 tests delivered versus the first quarter of 2023.
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News
- Adaptive Biotechnologies First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Adaptive Biotechnologies Corporation (NASDAQ:ADPT) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Compared to Estimates, Adaptive Biotechnologies (ADPT) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- Adaptive Biotechnologies (ADPT) Reports Q1 Loss, Misses Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Adaptive Biotechnologies Reports First Quarter 2024 Financial ResultsGlobeNewswire
ADPT
Earnings
- 5/7/24 - Beat
ADPT
Analyst Actions
- 4/4/24 - BTIG
ADPT
Sec Filings
- 5/17/24 - Form 4
- 5/7/24 - Form 10-Q
- 5/7/24 - Form 8-K
- ADPT's page on the SEC website