earnings
confidence high
sentiment negative
materiality 0.75
Castle Biosciences expects 2024 revenue at least $330M (≥50% growth); Medicare non-covers DecisionDx-SCC
CASTLE BIOSCIENCES INC
2024-FY EPS reported
$0.62
revenue$332,069,000
- Full-year 2024 revenue expected to meet or exceed top of guidance range $320-330M, at least 50% growth over 2023.
- Delivered 96,071 total test reports in 2024, up 36% YoY; TissueCypher Barrett's Esophagus test grew 130%.
- Year-end 2024 cash, cash equivalents and marketable securities approximately $293M.
- Medicare contractor Novitas finalized non-coverage for DecisionDx-SCC test on January 9, 2025.