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CareDx: Q2 Earnings Snapshot

CareDx: Q2 Earnings Snapshot

By AP News
Published - Aug 01, 2024, 02:02 AM ET
Last Updated - Aug 01, 2024, 02:02 AM EDT

BRISBANE, Calif. (AP) — BRISBANE, Calif. (AP) — CareDx Inc. (CDNA) on Wednesday reported a loss of $1.4 million in its second quarter.

The Brisbane, California-based company said it had a loss of 3 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 25 cents per share.

The molecular diagnostics company posted revenue of $92.3 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $67.2 million.

CareDx expects full-year revenue in the range of $320 million to $328 million.

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