earnings
confidence high
sentiment positive
materiality 0.70
CareDx prelim Q4 rev $81.9-82.2M (+4% YoY); FY22 rev ~$321M (+8%); $50M buyback authorized
CareDx, Inc.
2022-FY EPS reported
-$1.44
revenue$321,793,000
- Preliminary Q4 2022 revenue $81.9-82.2M vs $79.2M in Q4 2021; testing services rev $64.9-65.2M (down from $68.6M).
- Patient testing volume ~47,700 (+14% YoY), including ~2,300 AlloSure Lung tests.
- Authorized $50M share buyback; cash & equivalents ~$292M with no debt.
- Patient and digital solutions rev $28.8M in FY22 vs $10.3M in FY21, a 180% increase.
- CEO targets adjusted EBITDA profitability in H1 2023; full guidance on Feb 2023 call.