BUZZ-GeneDx jumps on fourth quarter revenue beat, strong forecast
ReutersFeb 18, 2025 12:00 PM
Medical device maker GeneDx's shares WGS.O surge 19.3% to $91.1 premarket
Co posts Q4 revenue of $95.3 mln, beating analyst est of $82.23 mln as per data compiled by LSEG
Co forecasts 2025 revenue in the range of $350 mln to $360 mln, higher than analysts' expectations of $338.8 mln
WGS makes medical devices used to diagnose rare genetic disorders, epilepsy and autism
Co reports adj Q4 net income of $16.8 mln vs analyst est of $2.9 mln
Stock had risen 17.3x in the last 12 months
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