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Stock impact report

Fulgent Genetics Is Fundamentally Sound [Seeking Alpha]

Exact Sciences Corporation (EXAS) 
Last exact sciences corporation earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Seeking Alpha
SummaryFulgent's growth is going to come down this year, according to guidance which was issued just before the coronavirus hit the US in earnest.From competitors with more recent updates, the picture doesn't seem to be too alarming, at least not yet.Fulgent remains a solid growth company, and investors can nibble at the shares on one of the downswings.The big unknown is of course by how much the coronavirus pandemic will reduce growth, as that situation can get worse.Fulgent Genetics (NASDAQ:FLGTIn fact, they were touting the test they have developed swiftly to detect infections, and while this is awaiting FDA approval, there might actually be some upside.But, in a few weeks, the US reality on the ground has changed pretty dramatically, with many healthcare systems being overstretched and an economy in free-fall. We'll get to that below. First, the excellent year.2019 resultsThese are GAAP figures, adjusted EBITDA was $5M for the year, and adjusted net income was also positive, as wa Show less Read more
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