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-0.00577492155957792 -0.0033703202385985 -0.00848979401874819 -0.00402964640725426 -0.00519316317546999 -0.0113985859392877 -0.0236155120055539 -0.014113458398458
Stock impact report

New Partnerships to Aid Myriad Genetics Stock Amid Macro Issues [Yahoo! Finance]

Myriad Genetics, Inc. (MYGN) 
Last myriad genetics, inc. earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: myriad.com/news-center/investor-information
Company Research Source: Yahoo! Finance
The company continues to see momentum in its prenatal business as well, growing 25% year over year with a 12% increase in testing volume. This volume growth reflects ongoing initiatives to improve average selling prices (ASPs). The stock carries a Zacks Rank #3 (Hold) currently. The company continues to enhance its customer targeting, digital marketing, and overall operating model to drive commercial leverage in 2024 and beyond. GeneSight revenues increased 22% in second-quarter 2024 from the comparable 2023 period, as the company reported nearly 129,000 tests. ASPs improved both on a year-over-year and quarter-over-quarter basis, reflecting improved revenue cycle management activities. Myriad Genetics announced several new exciting strategic partnerships, including a collaboration with GlaxoSmithKline to improve access to homologous recombination deficiency (HRD) diagnostic testing for high-grade serous ovarian cancer patients. The company also partnered with QIAGEN to develop di Show less Read more
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