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Stock impact report

Fulgent Genetics Reports First Quarter 2018 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
First Quarter 2018 Results: Revenue of $4.7 million, up 9% sequentiallyBillable tests delivered grew 10% sequentially to 4,621GAAP loss of $1.9 million, or $0.11 per shareNon-GAAP loss of $1.2 million, or $0.06 per shareAdjusted EBITDA loss of $1.1 million TEMPLE CITY, Calif., May 07, 2018 (GLOBE NEWSWIRE) -- Fulgent Genetics (NASDAQ:FLGT) (“Fulgent Genetics” or the “company”) today announced financial results for its first quarter ended March 31, 2018. First quarter revenue was $4.7 million, an increase of 9% sequentially from $4.3 million in the fourth quarter of 2017, and a decrease of 12% year over year from $5.3 million in the first quarter of 2017. GAAP loss for the first quarter of 2018 was $1.9 million, or $0.11 per share, and non-GAAP loss was $1.2 million, or $0.06 per share. Adjusted EBITDA loss was $1.1 million in the first quarter of 2018. Non-GAAP loss and adjusted EBITDA are described below under “Note Regarding Non-GAAP Financial Measures” and are reconciled to t Show less Read more
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