Here's Why Invitae Rose 67.5% in August [The Motley Fool]
Invitae Corporation (NVTA)
Last invitae corporation earnings: 2/19 04:05 pm
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US:NYSE Investor Relations:
ir.invitae.com/investor-relations/default.aspx
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Source: The Motley Fool
The genetic-testing leader reported strong second-quarter 2018 earnings results. Maxx Chatsko ( TMFBlacknGold ) Sep 5, 2018 at 12:58AM What happened Shares of Invitae ( NYSE:NVTA ) rose over 68% last month, according to data from S&P Global Market Intelligence . In early August, the genetic-testing leader reported second-quarter and first-half 2018 earnings results that continued a string of triple-digit year-over-year revenue growth. Revenue through the first six months of this year jumped 172% from the year-ago period. That's impressive, but it's nothing new for Invitae. So why is there a sudden Wall Street clamor over the stock? Well, at the current pace of growth, analysts are betting that the business will soon begin to head toward profitability. It also helps that industry leader Myriad Genetics reported strong growth in the first half
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NVTA
News
- Invitae gets court approval for five-month bankruptcy sale [Reuters]Reuters
- Invitae gets court approval for five-month bankruptcy sale [Yahoo! Finance]Yahoo! Finance
- Genetic Testing Firm Invitae, Backed by SoftBank and Cathie Wood, Files for Chapter 11 [Yahoo! Finance]Yahoo! Finance
- Invitae files for Chapter 11 bankruptcy to address huge debt load [Seeking Alpha]Seeking Alpha
- Genetic test maker Invitae files for bankruptcy protection in US [Reuters]Reuters
NVTA
Earnings
- 11/8/23 - Miss
NVTA
Sec Filings
- 2/14/24 - Form 8-K
- 2/13/24 - Form SC
- 2/13/24 - Form SC
- NVTA's page on the SEC website