NeoGenomics(NEO)

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NeoGenomics Stock In A Range-Bound Matrix, Weakness Likely Until 2026
Benzinga· 2025-09-17 11:58
NeoGenomics NEO is in Phase 18, the final stage of its Adhishthana Cycle on the weekly charts. After more than 850 days of consolidation, the stock shows little sign of breaking out. When analysed under the lens of the Adhishthana Principles, NEO seems to have taken the blue pill, stuck in the Matrix of range-bound trading until August 2026.NEO's Cycle So FarThroughout its cycle, NEO has aligned closely with the Adhishthana Principles, our proprietary model that blends behavioral archetypes with quantitativ ...
NeoGenomics Gains 'Unexpected' Win As Court Rejects Natera Claims
Benzinga· 2025-08-29 17:04
Core Viewpoint - The District Court for the Middle District of North Carolina ruled against Natera Inc.'s patent claims against NeoGenomics, allowing NeoGenomics to commercialize its RaDaR ST assay [1][3]. Company Developments - Natera is considering its options following the court's decision, including an appeal and further enforcement of other patents, but the ruling does not affect the validity of U.S. Patent No. 11,519,035 [1][2]. - NeoGenomics has launched the RaDaR ST assay for biopharma customers and is seeking clinical reimbursement coverage from the Centers for Medicare & Medicaid Services [3][4]. Market Reaction - Analysts view the court's decision as a positive development for NeoGenomics, with expectations for the RaDaR ST launch as early as Q4 2025 [5]. - Following the news, NeoGenomics' stock price surged by 24.55%, reaching $8.98 [6].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of NeoGenomics, Inc. - NEO
GlobeNewswire News Room· 2025-08-17 15:02
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving NeoGenomics and its officers or directors, following disappointing financial results and a significant stock price drop [1][3][4]. Financial Performance - NeoGenomics reported second-quarter 2025 revenue of $181.3 million, which was below consensus estimates, and a net loss of $45.1 million [3]. - The company revised its 2025 revenue forecast down to a range of $720 million to $726 million, a decrease from the previous estimate of approximately $753 million [3]. - Adjusted EBITDA projections were also lowered to a range of $41 million to $44 million, down from a prior range of $55 million to $58 million [3]. Stock Market Reaction - Following the release of the financial results, NeoGenomics' stock price fell by $1.21 per share, or 18.73%, closing at $5.25 per share on July 29, 2025 [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of NeoGenomics, Inc. - NEO
GlobeNewswire News Room· 2025-08-13 15:02
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving NeoGenomics and its officers or directors, following disappointing financial results and a significant stock price drop [1][3][4]. Financial Performance - NeoGenomics reported second-quarter 2025 revenue of $181.3 million, which was below consensus estimates [3]. - The company experienced a net loss of $45.1 million during the same period [3]. - NeoGenomics revised its 2025 revenue forecast down to a range of $720 million to $726 million, a decrease from the previous estimate of approximately $753 million [3]. - The adjusted EBITDA projection was also lowered to a range of $41 million to $44 million, down from a prior range of $55 million to $58 million [3]. Stock Market Reaction - Following the release of the financial results, NeoGenomics' stock price fell by $1.21 per share, or 18.73%, closing at $5.25 per share on July 29, 2025 [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of NeoGenomics, Inc. - NEO
GlobeNewswire News Room· 2025-08-09 15:35
NEW YORK, Aug. 09, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of NeoGenomics, Inc. (“NeoGenomics” or the “Company”) (NASDAQ: NEO). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether NeoGenomics and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] July 2 ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of NeoGenomics, Inc. - NEO
Prnewswire· 2025-07-31 22:45
Core Viewpoint - NeoGenomics, Inc. is facing scrutiny due to potential securities fraud or unlawful business practices, as indicated by an investigation initiated by Pomerantz LLP on behalf of investors [1] Financial Performance - For Q2 2025, NeoGenomics reported revenue of $181.3 million, which was below consensus estimates [2] - The company recorded a net loss of $45.1 million for the same quarter [2] - NeoGenomics has revised its 2025 revenue forecast to a range of $720 million to $726 million, down from a previous estimate of approximately $753 million [2] - The adjusted EBITDA projection was also lowered to a range of $41 million to $44 million from a prior range of $55 million to $58 million [2] Market Reaction - Following the announcement of its financial results, NeoGenomics' stock price decreased by $1.21 per share, or 18.73%, closing at $5.25 per share on July 29, 2025 [3]
Down 29.2% in 4 Weeks, Here's Why NeoGenomics (NEO) Looks Ripe for a Turnaround
ZACKS· 2025-07-30 14:55
NeoGenomics (NEO) has been on a downward spiral lately with significant selling pressure. After declining 29.2% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscil ...
NeoGenomics(NEO) - 2025 Q2 - Earnings Call Transcript
2025-07-29 13:30
Financial Data and Key Metrics Changes - Total revenue for Q2 2025 was $181 million, representing a 10% year-over-year growth, slightly below guidance [7][20] - Clinical revenue increased by 16% year-over-year, with organic clinical revenue at $160 million, reflecting a 13% growth driven by a 10% increase in test volumes [20][21] - Non-clinical revenue declined by 26% year-over-year, primarily due to weakness in pharma revenue [21] - Adjusted EBITDA was $10.7 million, down 2% from the prior year, marking the eighth consecutive quarter of positive adjusted EBITDA [21][22] - Cash flow from operations improved by 44% year-over-year to $20 million, with cash and marketable securities totaling $164 million at the end of the quarter [25] Business Line Data and Key Metrics Changes - NGS testing accounted for 32% of total clinical revenue, growing by 23% year-over-year, slightly below the 25% target [20][21] - Average revenue per clinical test increased by 2% to $461, with a 3% growth excluding Pathline [22] - The launch of the pan tracer liquid biopsy is expected to positively impact NGS growth later in the year [9][20] Market Data and Key Metrics Changes - The macro environment for pharma has created significant headwinds, including NIH funding uncertainty and drug pricing challenges, leading to budget restrictions and project delays [10][39] - The MRD market represents a significant unmet clinical need, estimated at $30 billion, with potential for transformative cancer care [13][14] Company Strategy and Development Direction - The company is focusing on execution excellence and aligning its cost structure with revenues to rebuild credibility with shareholders [9][16] - Strategic drivers include enhancing customer experience, strengthening community channels, and developing new products [11][12] - The company plans to invest in operating efficiencies, including a LIMS project and digital pathology, to achieve greater operational leverage [10][25] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that Q2 performance was below expectations but remains optimistic about future growth opportunities [6][9] - The company has updated its 2025 financial guidance to reflect current challenges, projecting revenue of $720 million to $726 million, representing 9% to 10% growth [24][25] - Management emphasized the importance of transparency and confidence in guidance, aiming to exceed goals moving forward [32][37] Other Important Information - The company is committed to the MRD space and has ongoing litigation related to RADAR ID, with a trial expected in October [53][55] - The integration of Pathline is on track, with revenues meeting internal expectations and plans to leverage the broader portfolio for cross-selling [80][81] Q&A Session Summary Question: Guidance Setting Process - The CEO discussed the learning curve in setting guidance and the need for transparency and confidence in communicating with investors [32][34] Question: 2025 Guidance Changes - The CEO highlighted that the macro environment for pharma significantly impacted the guidance, accounting for about two-thirds of the changes [39][40] Question: Portfolio Pruning Opportunities - The company is evaluating its portfolio to focus on the most profitable products while maintaining a comprehensive offering for customers [46][51] Question: Non-Clinical Business Viability - Management confirmed commitment to the non-clinical space, citing its strategic value and potential for future growth despite current challenges [72][75] Question: Pathline Integration and Cross-Selling - The integration of Pathline is progressing well, with expectations for enhanced revenue generation through cross-selling in the Northeast [80][81]
NeoGenomics (NEO) Meets Q2 Earnings Estimates
ZACKS· 2025-07-29 13:16
Core Viewpoint - NeoGenomics reported quarterly earnings of $0.03 per share, matching the Zacks Consensus Estimate, with revenues of $181.33 million, slightly missing expectations by 0.88% [1][2]. Financial Performance - The company achieved earnings of $0.03 per share, consistent with the previous year, and had a surprise of +100% compared to the expected loss of $0.02 per share a quarter ago [1][2]. - Revenues for the quarter were $181.33 million, up from $164.5 million year-over-year, but the company has only surpassed consensus revenue estimates once in the last four quarters [2]. Stock Performance - NeoGenomics shares have declined approximately 60.8% year-to-date, contrasting with the S&P 500's increase of 8.6% [3]. - The stock's immediate price movement will largely depend on management's commentary during the earnings call [3]. Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.06 on revenues of $193.17 million, and for the current fiscal year, it is $0.15 on revenues of $744.87 million [7]. - The Zacks Rank for NeoGenomics is 1 (Strong Buy), indicating expectations for the stock to outperform the market in the near future [6]. Industry Context - The Medical - Biomedical and Genetics industry, to which NeoGenomics belongs, is currently ranked in the top 38% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8].
NeoGenomics(NEO) - 2025 Q2 - Earnings Call Presentation
2025-07-29 12:30
2Q 2025 Financial Results Nasdaq: NEO 1 July 29, 2025 Safe Harbor Statements This presentation has been prepared by NeoGenomics, Inc. ("we," "us," "our," "NeoGenomics" or the "Company") and is made for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy securities, nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securiti ...