earnings
confidence high
sentiment positive
materiality 0.75
Castle Biosciences expects FY 2021 revenue to meet or exceed $89-93M guidance; test volumes up 55%
CASTLE BIOSCIENCES INC
2021-FY EPS reported
-$1.24
revenue$94,085,000
- FY2021 revenue expected at or above guided $89-93M; year-end cash ~$330M.
- Total gene expression profile test reports delivered in 2021: 28,118 (+55% YoY).
- DecisionDx-Melanoma reports up 25% YoY to 20,328 despite 11% drop in melanoma diagnoses vs pre-COVID.
- DecisionDx-SCC reports grew to 3,510 in 2021 from 485 in 2020; Q4 2021: 1,265 (+196%).
- myPath/DecisionDx DiffDx-Melanoma reports: 2,662 in 2021 vs 73 in 2020; Q4: 904 vs 73.