-
Myriad Genetics to sell prenatal health testing business to Labcorp for $210 million cash
Myriad Genetics agreed to sell its Prenatal Health testing business, including Prequel, Foresight, SneakPeek and FirstGene, to Labcorp for $210 million cash plus closing inventory value.
-
Myriad Genetics Q2 revenue down 11% to $190.7M; revises FY2026 guidance lower, suspends EBITDA guidance
Q2 revenue $190.7M (-11% YoY); test volumes 379K flat; avg revenue per test down 9% including $11M prior-period estimate adjustment.
-
Myriad Genetics Q1 revenue $200.4M, GAAP net loss $34.1M; reiterates FY guidance
GAAP net loss $34.1M ($0.36/sh); adjusted loss $0.09/sh; adjusted EBITDA negative $4.5M.
-
Myriad Genetics Q4 2025 revenue $209.8M, net loss $7.9M; reiterates 2026 guidance
GAAP net loss $7.9M ($0.08 loss per share); adjusted EPS $0.04.
-
Myriad Genetics prelim Q4 revenue $207-209M, FY25 $822-824M; FY26 guidance $860-880M
Preliminary Q4 2025 total revenue $207-209M; full year 2025 revenue $822-824M.
-
Myriad Genetics Q3 revenue $205.7M (-4% YoY); adjusted EPS $0.00; reaffirms FY2025 guidance
Q3 revenue $205.7M, down 4% YoY; flat excluding $8.1M headwinds (UNH GeneSight loss, EndoPredict divestiture).
-
Myriad Genetics Q3 revenue $205.7M (-4% YoY); GAAP net loss $0.29/sh, adj EPS $0.00; FY guidance reiterated
Q3 revenue $205.7M, down 4% YoY; flat excluding $8.1M in headwinds from UNH GeneSight coverage loss and EndoPredict divestiture.
-
Myriad Genetics appoints Ben Wheeler as CFO; reaffirms FY2025 guidance
Scott Leffler stepped down as CFO effective Aug 15, 2025; will consult through Sept 2, 2025.
-
Myriad Genetics Q2 revenue $213.1M (+1% YoY); raises FY2025 revenue guidance
GAAP net loss $330.5M ($3.57/share) includes $316.7M impairment; adjusted EPS $0.05.
-
Myriad Genetics closes $200M credit facility with OrbiMed; $125M funded
Five-year senior secured term loan; $125M funded at closing, $75M delayed draw available through June 2027.
-
Myriad Genetics Q1 revenue down 3% to $196M; net loss of $0.1M; lowers FY2025 guidance
GAAP net loss $0.1M ($0.00 EPS); adjusted EPS $(0.03). Revenue of $196M declined 3% YoY.
-
Myriad Genetics: CEO succession plan; Q4 revenue $211M (+7%), FY 2024 revenue $838M (+11%)
CEO Paul J. Diaz resigns effective April 30, 2025; COO Samraat S. Raha appointed President, CEO, and Board member.
-
Myriad Genetics reports preliminary Q4 rev $209-211M, FY2025 adj EPS guidance $0.07-0.11
Q4 2024 preliminary revenue $209-211M (+6-7% YoY); GAAP diluted loss $(0.72)-(0.62)/share; adj EPS $0.03-$0.04.
-
Myriad Genetics Q3 revenue +11% to $213M, adj EPS $0.06; UNH to drop GeneSight coverage Jan 2025
Q3 revenue $213M (+11% YoY); GAAP net loss $22.1M improved from $61.3M loss; adj EBITDA $14.1M vs $1.4M.
-
Myriad Genetics discontinues part two of GeneSight study; control group deemed unreliable
Part one (April 2024) showed 29% drop in all-cause hospitalizations and 39% drop in psychiatric-related hospitalizations 180 days post-GeneSight.
-
Myriad Genetics Q2 revenue $212M (+15% YoY); raises FY2024 guidance, adjusted EPS $0.05
Revenue $212M (+15% YoY); GAAP EPS $(0.41) vs $(1.42) YoY; adjusted EPS $0.05 vs $(0.08).
-
Myriad Genetics Q1 revenue $202M (+12% YoY), positive adjusted EBITDA $4M, reiterates FY guidance
Q1 revenue $202.2M (+12% YoY); GAAP net loss narrowed to $26M from $55M.
-
Myriad Genetics Q4 2023 revenue $197M (+11% YoY); adjusted EPS $0.04; raises FY2024 revenue guidance
Q4 revenue $196.6M (+11% YoY); full-year 2023 revenue $753.2M (+11% YoY).
-
Myriad Genetics prelim Q4 revenue $196-197M; GAAP EPS loss ($0.35)-($0.36); adjusted EPS $0.02-0.03
Preliminary Q4 2023 revenue $196-197M; GAAP diluted EPS loss ($0.35)-($0.36); adjusted EPS $0.02-$0.03.
-
Myriad Genetics CFO Bryan Riggsbee retires; Scott Leffler named successor effective Jan 29, 2024
Riggsbee steps down as CFO by Jan 31, 2024; will serve as strategic advisor through March 31, 2024.
-
Myriad Genetics raises ~$110M via public offering of 6.47M shares at $17/sh
Entered underwriting agreement with Goldman Sachs, Morgan Stanley, and Wells Fargo to sell 6,470,588 shares at $17.00/share.
-
Myriad Genetics prices upsized 6.47M-share offering at $17.00 for ~$110M gross
Offering of 6,470,588 shares upsized; priced at $17.00/share; expected gross proceeds ~$110M.
-
Myriad Genetics Q3 revenue $191.9M, up 23% YoY; raises FY2023 guidance, introduces FY2024 guidance
Q3 revenue $191.9M (+23% YoY); GAAP EPS -$0.75, adjusted EPS -$0.03.
-
Myriad Genetics secures multi-year UnitedHealthcare contract renewal through 2027
New agreement covers tests: MyRisk, MyChoice CDx, BRACAnalysis CDx, Foresight, Prequel, GeneSight, Prolaris.
-
Myriad Genetics COO Nicole Lambert to step down Oct 31; remains consultant through Mar 2024
COO Nicole Lambert will depart as of Oct 31, 2023; will provide consulting services through Mar 31, 2024.
-
Myriad Genetics Q2 revenue $183.5M, settles securities class action for $77.5M
Q2 revenue $183.5M, up 2% YoY; diluted GAAP EPS $(1.42), adjusted EPS $(0.08).
-
Myriad Genetics Q1 revenue $181.2M (+10% YoY); raises FY23 revenue guidance midpoint
Q1 GAAP EPS $(0.67); adjusted EPS $(0.21); revenue $181.2M (+10% YoY).
-
Myriad Genetics Q4 revenue $177.8M (+11% YoY); GAAP EPS $(0.52), adjusted EPS $(0.12)
Q4 testing volumes up 26% YoY; hereditary cancer +16%, GeneSight +23%.
-
Myriad Genetics Q3 revenue $156.4M, GAAP EPS $(0.43); cuts FY22 guidance; acquires Gateway Genomics for $67.5M
Revenue $156.4M (-2% YoY); GAAP EPS $(0.43), adjusted EPS $(0.19).
-
Myriad Genetics Q2 revenue $179.3M (+7% ex-divestitures); GAAP EPS -$0.18; cuts FY EPS guidance
GAAP diluted EPS of $(0.18); adjusted EPS $0.04, down from $0.12 YoY.
-
Myriad Genetics amends credit agreement: revolver cut to $200M, covenants waived through July 2023
Revolving commitments reduced from $300M to $200M, further to $150M by Dec 31, 2022; potential additional $50M cut from asset sales.
-
Myriad Genetics Q1 2022 revenue $164.9M, GAAP EPS -$0.26, adjusted EPS -$0.03; reiterates FY2022 guidance
Revenue $164.9M (+11% YoY ex-divested); GAAP EPS $(0.26) improved from $(0.52); adjusted EPS $(0.03) from $(0.06).