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Stock impact report

GeneDx Reports First Quarter 2024 Financial Results and Business Highlights [Yahoo! Finance]

Opko Health, Inc. (OPK) 
Last opko health, inc. earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.opko.com
Company Research Source: Yahoo! Finance
Expanded first quarter adjusted gross margins from continuing operations to Narrowed first quarter adjusted net loss to $8.5M and delivered year-over-year cash burn reduction Raised guidance to deliver between $235M and $245M in FY 2024 revenue and reiterate path to profitability in 2025 GeneDx to host conference call today at 4:30 p.m. ET STAMFORD, Conn., April 29, 2024 (GLOBE NEWSWIRE) -- GeneDx Holdings Corp. (Nasdaq: WGS), a leader in delivering improved health outcomes through genomic insights, today reported its financial results for the first quarter of 2024. “Our strong first quarter results reflect our continued dedication to our three key organizational focuses: growing exome and genome revenue, increasing our average reimbursement rates while expanding access to testing, and meaningfully reducing our cash burn,” said Katherine Stueland, Chief Executive Officer of GeneDx. “Our team's successful execution in the first quarter gives us the confidence to raise full y Show less Read more
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