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Stock impact report

NeoGenomics (NEO) Q4 2024 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 — Jeffrey Sherman Chief Commercial Officer — Warren Stone Chief Innovation Officer — Andrew Lukowiak Chief Operations Officer — Melody Harris Head of Strategy and Transformation — Kareem Saad Medical Director — Nate Montgomery TAKEAWAYS Revenue -- $172 million, reflecting an 11% increase. Clinical Testing Volumes -- Grew 9%, supported by a 5% lift in revenue per test. Adjusted Gross Margin -- Improved to 48%, the highest in 20 quarters. NGS Revenue -- Increased 24% for the quarter and 34% for the year, now representing over 30% of total revenue. Adjusted EBITDA -- Rose 27% in the quarter to $12 million, marking six consecutive quarters of positive performance. Full-year 2024 Results -- Revenue of $661 million, up 12%; adjusted EBITDA of $40 million, improving over 1,000%. Cash and Marketable Securities -- Ended at $387 million, down 7% sequentially. Full-year 2025 Guidance -- Revenue projected at $735 million-$745 million (11%-13% g Show less Read more
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