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Stock impact report

Invitae Reports More than 160% Annual Revenue Growth Driven by Nearly 140% Annual Growth in Volume in Second Quarter 2018

Invitae Corporation (NVTA) 
Last invitae corporation earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: PR Newswire
SAN FRANCISCO, Aug. 7, 2018 /PRNewswire/ -- Invitae Corporation (NYSE: NVTA), one of the fastest growing genetics companies, today announced financial and operating results for the second quarter ended June 30, 2018. Based on progress in the quarter, Invitae is raising its revenue guidance from more than $130 million to between $135 and $140 million in 2018. "The combination of our broad and affordable diagnostic, reproductive health and proactive testing capabilities enables Invitae to answer genetic-related healthcare questions across all stages of life and opens up opportunity for growth as we bring genetics into mainstream medicine," said Sean George, co-founder and chief executive officer of Invitae. "Amidst the rapid growth in both volume and revenue, Invitae is emerging as a leader in the world of genetics. Given our progress, we're increasing our annual revenue guidance."Second Quarter 2018 ResultsAccessioned more than 73,000 samples in the second quart Show less Read more
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