---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-052481"
form_type: "8-K"
ticker: "FLGT"
cik: "0001674930"
company_name: "Fulgent Genetics, Inc."
filed_at: "2024-05-03T23:59:59+00:00"
generated_at: "2026-06-02T23:12:13.518047+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Fulgent Q1 2024 core revenue $63.2M (+1% YoY), GAAP loss $0.45/share, reiterates FY guidance

## Summary
- Total revenue $64.5M; core revenue $63.2M (+1% YoY); FY2024 core revenue guidance reiterated at $280M.
- GAAP net loss $13.5M ($0.45 diluted loss per share); Non-GAAP loss $269K ($0.01 per share).
- Adjusted EBITDA loss $3.2M; cash from operations $7.3M in Q1.
- Cash, cash equivalents, and marketable securities $846.2M as of March 31, 2024.

## SEC filing metadata
- accession: 0000950170-24-052481
- form_type: 8-K
- ticker: FLGT
- cik: 0001674930
- company_name: Fulgent Genetics, Inc.
- filed_at: 2024-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674930/000095017024052481/0000950170-24-052481-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674930/000095017024052481/flgt-20240503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-052481
- JSON: https://secwatch.observer/filing/0000950170-24-052481.json
- Plain text: https://secwatch.observer/filing/0000950170-24-052481.txt

## Key facts
- Earnings Releases
  Fulgent Genetics, Inc. reported first quarter ended March 31, 2024 results: revenue $64.5 million, net income loss of $13.5 million, EPS $0.45 per share. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2024
  - Revenue: $64.5 million
  - Net income: loss of $13.5 million
  - EPS: $0.45 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Fulgent Reports First Quarter 2024 Financial Results • Total Revenue of $64.5 million • Core Revenue grows 1% year-over-year to $63.2 million • Reiterates Full Year 2024 Core Revenue Guidance of $280 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674930/000095017024052481/0000950170-24-052481-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.