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Stock impact report

CareDx Reports Preliminary Revenue Results for Fourth Quarter and Full Year 2022

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: Business Wire
BRISBANE, Calif.--(BUSINESS WIRE)--CareDx, Inc. (Nasdaq: CDNA) – The Transplant Company™ focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers – today reported preliminary financial results for the fourth quarter and full year ended December 31, 2022.Fourth Quarter HighlightsDelivered record revenues; expected to be between $81.9 million to $82.2 million, representing year-over-year growth of approximately 4%Achieved highest ever cash collections at 110% of revenue for testing services, representing an approximately 10% year-over-year increase demonstrating strong operational progress on this key initiativeGrew patient test results approximately 14% year-over-year with approximately 47,700 tests. Q4 test volume included approximately 2,300 tests for AlloSure® LungAnnouncement of the new International Society of Heart and Lung Transplantation (ISHLT) guidelines supported the Show less Read more
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