earnings
confidence high
sentiment positive
materiality 0.75
NeoGenomics Q4 revenue +11% to $172M; FY24 $661M; guides FY25 rev $735-745M
NEOGENOMICS INC
- Q4 consolidated revenue $172M (up 11% YoY); net loss $15M vs $14M in Q4 2023.
- FY24 consolidated revenue $661M (+12% YoY); net loss $79M (improved from $88M).
- Adjusted EBITDA FY24 positive $40M vs $3M in 2023, a 1,036% increase.
- FY2025 guidance: revenue $735-745M (11-13% growth); adjusted EBITDA $55-58M.
- Ninth consecutive quarter of double-digit revenue growth; NGS grew 34% in 2024.