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Stock impact report

CareDx Reports First Quarter 2020 Results

CareDx, Inc. (CDNA) 
Last caredx, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.caredxinc.com
Company Research Source: GlobeNewswire
SOUTH SAN FRANCISCO, Calif., April 30, 2020 (GLOBE NEWSWIRE) -- CareDx, Inc. (Nasdaq: CDNA), a leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today reported financial results for the quarter ended March 31, 2020. First Quarter 2020 and Recent Highlights: Achieved total revenue of $38.4 million for the three months ended March 31, 2020, increasing 48% year-over-yearProvided over 15,000 AlloSure Kidney and AlloMap Heart patient resultsRecorded seventh straight quarter of positive adjusted EBITDAStrengthened balance sheet by increasing cash to approximately $80 millionSuccessfully introduced RemoTraC, a service to provide at-home blood draws for transplant patients “We are very pleased with our first quarter results, which reflect strong execution and the continued growth and penetration of our innovative and intelligent solutions for Show less Read more
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