earnings
confidence high
sentiment positive
materiality 0.80
Castle Biosciences Q3 revenue up 39% to $85.8M; raises FY2024 guidance to $320-330M
CASTLE BIOSCIENCES INC
2024-Q3 EPS reported
$0.30
revenue$245,758,000
- Revenue $85.8M (+39% YoY); net income $2.3M vs. ($6.9M) loss; adj. EBITDA $21.6M vs $6.6M.
- Total test reports 26,010 (+41% YoY); TissueCypher up 115%, IDgenetix up 81%, DecisionDx-SCC up 49%.
- Raises full-year 2024 revenue guidance to $320-330M from prior $275-300M.
- Cash, equivalents and marketable securities $279.8M at Sept 30, 2024.
- Q3 operating cash flow $23.3M vs $5.0M prior year.