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DewDiligence

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DewDiligence

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Re: DewDiligence post# 183100

Monday, 10/27/2014 1:49:01 PM

Monday, October 27, 2014 1:49:01 PM

Post# of 251927
EXAS’ 3Q14 PR had a curiously understated opening:

http://finance.yahoo.com/news/exact-sciences-reports-third-quarter-113000638.html

Exact reported total revenues of $0.0 million for the third quarter of 2014, compared to $1.0 million for the third quarter of 2013.

Of course, Cologuard wasn’t launched in time to book any sales during 3Q14.

EXAS had $211M in cash as of 9/30/14, and it should soon be cash-flow positive.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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