CareDx demolished EPS expectations with a 59% beat and raised full-year guidance after Testing Services revenue surged 61% to $99.93 million, powered by accelerating molecular surveillance adoption and a strategic lab divestiture that swelled cash reserves to $373.6 million.
CareDx :
CDNA
CDNA
Stock Data
$47.31
$0.08 (0.17%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
HEALTHCARE
Industry
DIAGNOSTICS & RESEARCH
CareDx, Inc. specializes in creating diagnostic solutions tailored for transplant patients, offering a suite of products that monitor the health and acceptance of organ transplants. Their innovative offerings include AlloSure for kidney, heart, and lung transplant patients, which uses donor-derived cell-free DNA to detect organ rejection. Additionally, CareDx provides AlloMap Heart, a gene expression test for heart transplant recipients, and a range of HLA typing solutions like Olerup SSP and QTYPE. They also offer Ottr, a software for managing transplant patients, and AlloCare, a mobile app designed to support transplant recipients' journeys. Headquartered in South San Francisco, California, CareDx serves its products globally, directly and through distributors.
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