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Post# of 252388
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Tuesday, 10/29/2019 9:57:00 AM

Tuesday, October 29, 2019 9:57:00 AM

Post# of 252388
NEO Beats on revenue estimates by $5+ million, earnings of 7c/share (GAAP, in line with estimates) and is hitting on all cylinders.
Third-Quarter Highlights:

Consolidated revenue increased 51% to $104.7 million
Clinical Services revenue increased 56% to $92.6 million
Pharma Services revenue increased 26% to $12.1 million
Pharma Services backlog increased 22% to $118.3 million
Gross profit increased 57% to $50.8 million
Full-year 2019 guidance increased

The company has revised revenue estimates up (again), and hs solid earnings profile.

https://finance.yahoo.com/news/neogenomics-reports-51-revenue-growth-110000433.html

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