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Stock impact report

NeoGenomics (NEO) Q1 2026 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

NeoGenomics, Inc. (NEO) 
Last neogenomics, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.neogenomics.com
Chief Financial Officer — Abhishek Jain President and Chief Operating Officer — Warren Stone Vice President, Investor Relations — Priya Vedaraman TAKEAWAYS Total Revenue -- $186.7 million, representing 11% growth year over year and surpassing previously issued guidance. Clinical Revenue -- $171.2 million, reflecting 14% year-over-year growth driven by demand, 6% higher volumes, and 8% increase in average unit price (AUP). NGS (Next-Generation Sequencing) Revenue -- Grew 26% year over year and now constitutes approximately one third of clinical revenue, with growth ahead of NGS market rates. Adjusted EBITDA -- $9 million for the quarter, up 27% year over year, with margin expanding by approximately 60 basis points. Adjusted Gross Margin -- 46%, decreasing by 80 basis points due to Pathline acquisition dilution and PanTracer Liquid launch prior to MolDX approval, offset partly by higher AUP and lab efficiency gains. Non-Clinical Revenue -- $15.5 million, representing Show less Read more
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