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Stock impact report

Here's Why Myriad Genetics Dropped as Much as 10.8% Today [The Motley Fool]

Myriad Genetics, Inc. (MYGN) 
Last myriad genetics, inc. earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: myriad.com/news-center/investor-information
Company Research Source: The Motley Fool
The genetic testing had to revise its full-year fiscal 2019 revenue guidance -- just one quarter into the fiscal year. Maxx Chatsko ( TMFBlacknGold ) Nov 7, 2018 at 1:19PM What happened Shares of Myriad Genetics ( NASDAQ:MYGN ) fell over 10% today after the company reported fiscal first-quarter 2019 operating results. The business crushed Wall Street estimates for adjusted earnings per share and exactly matched quarterly revenue expectations, but caused a stir by reducing its fiscal full-year 2019 revenue guidance just three months into the new operating year. In what president and CEO Mark Capone characterized as transitory issues, Myriad Genetics identified two issues that will impact revenue growth for its new reproductive products and the all-important GeneSight platform. Management maintained its expectations for adjusted EPS in the range of Show less Read more
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