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Stock impact report

GeneDx Holdings Corp (WGS) Q4 2024 Earnings Call Highlights: Record Revenue and Strategic ... [Yahoo! Finance]

GeneDx Holdings Corp. - Class A (WGS) 
Company Research Source: Yahoo! Finance
3 min read In This Article WGSWW Revenue: Fourth-quarter 2024 revenue reached $95.3 million. Exome and Genome Revenue: Grew 101% year-over-year and 31% sequentially, contributing $78.8 million. Gross Margin: Adjusted gross margin expanded to 70% in the fourth quarter, up from 56% a year ago. Net Income: Adjusted net income for the fourth quarter was $16.8 million. Cash and Equivalents: Totaled $142.2 million as of December 31, 2024. Cash Flow: Generated $12.4 million in cash from ordinary operations in the fourth quarter. Guidance for 2025: Expected revenue between $350 million to $360 million, with at least 30% growth in Exome and Genome volume and revenue. Reimbursement Rate: Average reimbursement rate for exome and genome tests was approximately $3,500 in the fourth quarter. Warning! GuruFocus has detected 4 Warning Sign with WGS. Release Date: February 18, 2025 For the complete transcript of the earnings call, please refer to the full earnings call trans Show less Read more
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