NeoGenomics cleared the bar with adjusted EPS of $0.05, crushing consensus by 49%, as a 26% surge in next-generation sequencing revenue drove average test prices up 12% to $515 and pushed margins 260 basis points higher. Management raised full-year guidance on the strength of this higher-value mix shift.
Neogenomics :
NEO
NEO
Stock Data
$16.57
$1.01 (6.49%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
HEALTHCARE
Industry
DIAGNOSTICS & RESEARCH
NeoGenomics, Inc. specializes in cancer-focused genetic testing and diagnostics, serving a wide range of clients including hospitals, academic centers, and pharmaceutical companies primarily in the United States and the United Kingdom. The company offers a comprehensive suite of services such as cytogenetics, fluorescence in-situ hybridization, flow cytometry, immunohistochemistry, and molecular testing. These advanced diagnostic tools aid in understanding cancer at the genetic level, facilitating personalized treatment plans. Founded in 2001 and based in Fort Myers, Florida, NeoGenomics is dedicated to supporting oncology research and clinical practices with its cutting-edge testing capabilities.
Latest Activity
All Neogenomics Articles
4 Articles