NeoGenomics Reports Revenue of $63.1 Million on 17% Volume Growth and 11% Reduction in Average Cost per Test in the Third Quarter of 2017
NeoGenomics, Inc. (NEO)
Last neogenomics, inc. earnings: 4/28 07:00 am
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Source: Marketwire
FT. MYERS, FL -- (Marketwired) -- 10/25/17 -- NeoGenomics, Inc. (NASDAQ: NEO) , a leading provider of cancer-focused genetic testing services, today reported its results for the third quarter of 2017. Third Quarter 2017 Highlights: 17% increase in clinical genetic testing volume(1) 4% increase in consolidated revenue to $63.1 million 11% reduction in average cost per clinical genetic test(1) Improvement in Gross Margin to 45.7% from 45.0% in Q3 16 GAAP EPS of ($0.10) per share and non-GAAP Adj. Diluted EPS(2) of $0.01 per share Consolidated revenues for the third quarter of 2017 were $63.1 million, an increase of 4% over the same period last year. Clinical genetic test volume(1) increased 17% year over year. Average revenue per clinical genetic test ("Revenue per Test") decreased by 11
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- 4/8/24 - Form DEFA14A
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