earnings
confidence high
sentiment positive
materiality 0.80
NeoGenomics Q2 revenue up 11% to $202M; raises FY2026 guidance; settles DOJ matter
NEOGENOMICS INC
- Total revenue $202M (+11% YoY); clinical revenue $187M (+14%); NGS revenue +26%.
- GAAP net income $2M (incl. $11M debt extinguishment gain) vs net loss $45M in Q2 2025.
- Adjusted EBITDA $14M (+36% YoY); company raises full-year 2026 revenue and adjusted EBITDA guidance.
- Completed $316M 0.75% convertible notes due 2032; repurchased $276M of existing 0.25% notes and $25M of common stock.
- Finalized civil settlement with DOJ regarding consulting services; self-disclosed matter resolved.