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Stock impact report

NeoGenomics Reports Fourth Quarter and Full Year 2023 Results

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: Business Wire
Fourth Quarter Revenue Increased 12% to $156 million;Full Year Revenue Increased 16% to $592 million FORT MYERS, Fla.--(BUSINESS WIRE)--NeoGenomics, Inc. (Nasdaq: NEO) (the “Company”), a leading provider of oncology testing and global contract research services, today announced fourth quarter and full year 2023 results for the period ended December 31, 2023.HighlightsFourth quarter consolidated revenue increased 12% to $156 million; Full year consolidated revenue increased 16% to $592 millionFourth quarter Clinical Services revenue increased 20% to $130 million; Full year Clinical Services revenue increased 18% to $496 millionFourth quarter Advanced Diagnostics revenue decreased 17% to $25 million; Full year Advanced Diagnostics revenue increased 6% to $96 millionFourth quarter net loss decreased 37% to $14 million; Full year net loss decreased 39% to $88 millionFourth quarter Adjusted EBITDA was positive $9 million, an increase of $11 million; Full year Adjusted EBITDA was positiv Show less Read more
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