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Re: **D*A** post# 112187

Wednesday, 05/04/2016 9:13:01 AM

Wednesday, May 04, 2016 9:13:01 AM

Post# of 120381
Exact Sciences Corp. (EXAS) on Tuesday reported a loss of $47.5 million in its first quarter.

On a per-share basis, the Madison, Wisconsin-based company said it had a loss of 49 cents.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 54 cents per share.

The molecular diagnostics company posted revenue of $14.8 million in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $14.7 million.

Exact Sciences shares have fallen 24 percent since the beginning of the year. The stock has declined 67 percent in the last 12 mont

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