earnings
confidence high
sentiment negative
materiality 0.60
Exagen Q1 revenue record $15.5M, but net loss widens to $3.8M
EXAGEN INC.
2025-Q1 EPS reported
-$0.20
revenue$15,498,000
- Revenue $15.5M (+7.5% YoY); net loss $(3.8)M vs $(3.4)M; adjusted EBITDA $(2.5)M vs $(2.0)M.
- Trailing-12-month ASP rose to $419 from $377; AVISE CTD test volume grew.
- FY2025 guidance: revenue at least $65M; targeting positive adjusted EBITDA in Q4 2025.
- Closed $25M senior secured credit facility with Perceptive Advisors on April 25, 2025.
- Combined cash and AR projected ~$28M as of April 30 after releasing held claims.