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-0.00621118012422369 -0.00621118012422369 -0.00621118012422369 -0.00621118012422369 0.0559006211180123 0.0559006211180123 0.0583975155279504 0.0583975155279504
Stock impact report

Fulgent Genetics Reports Second Quarter 2019 Financial Results

Fulgent Genetics, Inc. (FLGT) 
Last fulgent genetics, inc. earnings: 3/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.fulgentgenetics.com
Company Research Source: GlobeNewswire
Second Quarter 2019 Results: Record billable tests of 16,369, growing 187% year over yearRecord revenue of $8.4 million, growing 56% year over yearGross Margin improves more than 12 percentage points sequentially; cost per test improves by 44% sequentiallyPosts profit; GAAP income of $331,000, or $0.02 per shareNon-GAAP income of $1.2 million, or $0.06 per shareCash flow from operations of positive $675,000Adjusted EBITDA of $1.5 million TEMPLE CITY, Calif., Aug. 05, 2019 (GLOBE NEWSWIRE) -- Fulgent Genetics (NASDAQ: FLGT) (“Fulgent Genetics” or the “company”) today announced financial results for its second quarter ended June 30, 2019. Second quarter revenue was $8.4 million, an increase of 56% year over year from $5.4 million in the second quarter of 2018. GAAP income for the second quarter of 2019 was $331,000, or $0.02 per share, and non-GAAP income was $1.2 million, or $0.06 per share. Adjusted EBITDA was $1.5 million in the second quarter of 2019, an increase of 1,447% yea Show less Read more
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