earnings
confidence high
sentiment positive
materiality 0.75
CareDx reports preliminary Q3 revenue of $82-83M, up 23% YoY; testing volume rises 16%
CareDx, Inc.
2024-Q3 EPS reported
-$0.49
revenue$247,206,000
- Preliminary Q3 2024 revenue $82-83M, up ~23% YoY; testing services $60-61M (+26%).
- Testing volume ~44,600 tests, up ~16% YoY; includes $1.2M from prior quarters.
- Patient & Digital Solutions rev ~$11.9M (+20%); Products rev ~$10.2M (+7%).
- Cash and marketable securities ~$240M, no debt; strong balance sheet.
- Full Q3 results to be reported on November 4, 2024.