Cologuard Maker Exact Sciences Slashes Outlook as Losses Mount [Yahoo! Finance]
Exact Sciences Corporation (EXAS)
Last exact sciences corporation earnings: 2/11 04:05 pm
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US:NASDAQ Investor Relations:
investor.exactsciences.com/investor-relations/default.aspx
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Source: Yahoo! Finance
CEO Kevin Conroy said the firm's quarterly execution and forecast don't reflect its full potential. Exact Sciences ( EXAS ) shares plunged Wednesday after the maker of the Cologuard colon cancer screening test reported widening losses and cut its outlook. The company reported a third-quarter net loss of $38.2 million or 21 cents per share, widening from a net loss of $15.8 million or 9 cents per share in the previous quarter. Analysts surveyed by Visible Alpha were looking for a loss of $33.9 million or 18 cents per share. Revenue was up 12.8% from a year ago to $708.7 million, but that was also below analysts' forecasts. The revenue gains came as screening revenue rose 15.4% to $544.9 million, and Precision Oncology revenue grew 5.4% to $163.8 million. CEO Kevin Conroy said that while Exact Sciences has made progress, “our execution during the third quarter and updated outlook for the full year don't reflect our full potential.” The company said it now anticipates full-yea
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News
- Exact Sciences Co. (NASDAQ: EXAS) had its "outperform" rating re-affirmed by analysts at William Blair.MarketBeat
- Exact Sciences Corporation (EXAS): Among the Best Genomics Stocks to Buy Right Now [Yahoo! Finance]Yahoo! Finance
- Exact Sciences Corporation (EXAS) Jefferies London Healthcare Conference (Transcript) [Seeking Alpha]Seeking Alpha
- EXAS Stock Set to Benefit From Favorable Study Data Backing MCED Test [Yahoo! Finance]Yahoo! Finance
- Exact Sciences Partners with Actor and TV Personality Carlos Ponce to Increase Awareness of Colon Cancer Screening Among Hispanic Community [Yahoo! Finance]Yahoo! Finance
EXAS
Earnings
- 11/5/24 - Miss
EXAS
Sec Filings
- 11/13/24 - Form SC
- 11/13/24 - Form 4
- 11/8/24 - Form SC
- EXAS's page on the SEC website