earnings
confidence high
sentiment neutral
materiality 0.70
Myriad Genetics Q1 revenue $200.4M, GAAP net loss $34.1M; reiterates FY guidance
MYRIAD GENETICS INC
2026-Q1 EPS reported
-$0.36
revenue$200,400,000
- GAAP net loss $34.1M ($0.36/sh); adjusted loss $0.09/sh; adjusted EBITDA negative $4.5M.
- Revenue $200.4M (+2% YoY); Cancer Care +4%, Prenatal -15%, Mental Health +24%.
- Test volumes 385k flat YoY; Cancer Care +13%, Prenatal -12%, Mental Health +7%.
- Launched Precise MRD (ultrasensitive assay) and received FDA approval for MyChoice CDx as Zejula companion diagnostic.
- Reiterated FY 2026 guidance: revenue $860-880M, adjusted EBITDA $37-49M, adj. gross margin 68-69%.