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-0.00322539027222294 0.00219326538511162 0.0256741065668945 0.0011611404980003 0.0184492323571151 0.0349632305508966 0.0776673977551283 0.0340601212746742
Stock impact report

Adaptive Biotechnologies stock down 8.5% in premarket trade [MarketWatch]

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: MarketWatch
Adaptive Biotechnologies stock down 8.5% in premarket trade Shares of Adaptive Biotechnologies Corp. ADPT, -10.04% fell 8.5% in premarket trade Wednesday after the company reported earnings that fell short of analysts' expectations and predicted lower-than-expected full-year revenue. Adaptive, which went public in June, reported late Tuesday a second-quarter loss of $16.4 million, or $1.23 a share, after a loss of $12.5 million, or $1.01 a share, in the year-earlier quarter. FactSet analysts had expected a loss of 14 cents a share. Revenue grew to $22.1 million from $11.6 million in the year-ago quarter, topping the FactSet consensus of $19.4 million. Adaptive said it was expecting 2019 revenue of between $78 million and $81 million. That was below the $81.9 million that analysts polled by FactSet had predicted. Shares of Adaptive have gained 115% since the company priced its IPO in June at $20 a share. Show less Read more
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