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Stock impact report

NeoGenomics pulls back FY 2020 guidance amid COVID-19 [Seeking Alpha]

NeoGenomics, Inc. (NEO) 
Last neogenomics, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.neogenomics.com
Company Research Source: Seeking Alpha
HealthcareNeoGenomics pulls back FY 2020 guidance amid COVID-19Apr. 9, 2020 8:01 AM ET|NeoGenomics, Inc. (NEO)Mamta MayaniCiting COVID-19 disruptions, NeoGenomics (NASDAQ:withdrawingQ1 Revenue is expected to be ~$106M, (+11% Y/Y).Clinical test volume grew ~7% Y/Y in Q1, but was down ~20% Y/Y in the last two weeks of March and in early April.Adjusted EBITDA is expected below previous guidance of $8M.The Company does not plan to reduce its employee levels and is redeploying as necessary.NeoGenomics plans to release its Q1 financial results on April 28, before open.Click to subscribe to real-time analytics on NEONow read:Organovo Up On Cancelled Merger, And Other News: The Good, Bad And Ugly Of Biopharma » Show less Read more
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