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NeoGenomics (NEO) Moves 6.3% Higher: Will This Strength Last?
ZACKS· 2025-10-16 08:56
Company Overview - NeoGenomics (NEO) shares increased by 6.3% to close at $9.97, with a notable trading volume compared to normal sessions, and a total gain of 17.4% over the past four weeks [1][2] Business Developments - The rise in share price is linked to positive investor expectations regarding the company's diagnostics business, particularly the upcoming presentation of new clinical data for the RaDaR ST molecular residual disease (MRD) assay at the ESMO 2025 medical conference [2] - The RaDaR ST assay is a personalized ctDNA test aimed at enhancing precision oncology and expediting drug development, positioning NeoGenomics as a key partner for biopharma companies [2] Financial Performance - NeoGenomics is projected to report quarterly earnings of $0.02 per share, reflecting a year-over-year decline of 60%, while revenues are expected to reach $183.63 million, marking a 9.4% increase from the previous year [3] - The consensus EPS estimate for the quarter has been revised 5.7% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation [4] Industry Context - NeoGenomics operates within the Zacks Medical - Biomedical and Genetics industry, where Bristol Myers Squibb (BMY) also competes, having experienced a 0.4% decline in its last trading session and a -5.5% return over the past month [4] - Bristol Myers has a consensus EPS estimate of $1.56, which represents a 13.3% decrease from the previous year, and also holds a Zacks Rank of 3 (Hold) [5]
Tenneco Unveils GLYCODUR® NEO, The PFAS-Free Bearing Material Advancing Sustainability
Globenewswire· 2025-10-08 10:38
Core Insights - Tenneco has launched GLYCODUR® NEO, a new bearing solution utilizing GLYCO 692, a PFAS-free material aimed at meeting the demand for sustainable and high-performance sliding solutions [1][2][3] Product Features - GLYCODUR® NEO with GLYCO 692 is designed for both dry and lubricated applications, offering excellent tribological performance, safety, and versatility [1][3] - The material GLYCO 692 provides excellent friction characteristics, high wear-resistance, and superior load-bearing capabilities without PFAS compounds [2][6] - Key specifications include a static load capacity of up to 250 MPa and a dynamic load capacity of up to 80 MPa, with an operating temperature range from -50°C to +260°C [6][7] Material Composition - GLYCO 692 is a three-layer composite consisting of a steel backing, an open-pore tin-bronze sintered matrix, and a thermoplastic-based sliding layer enriched with effective fillers, ensuring mechanical and thermal stability [7][8] Applications - The product is available in various formats such as strips, wrapped bushings, flange bushings, and thrust washers, making it suitable for a wide range of industrial and automotive applications, including pumps, transmissions, and shock absorbers [8][9] Company Overview - Tenneco is a leading designer, manufacturer, and marketer of automotive products, focusing on advancements in global mobility through its various business groups, including DRiV, Performance Solutions, Clean Air, Powertrain, and Champion® [10]
NeoGenomics to Report Third Quarter 2025 Financial Results on October 28, 2025
Businesswire· 2025-10-07 11:05
Core Points - NeoGenomics will report its third quarter 2025 financial results on October 28, 2025, before the U.S. financial markets open [1]
NEO Battery Signs Multi-Year Offtake Agreement for Silicon Battery Materials with North American Drone & UAS Battery Company
Globenewswire· 2025-10-02 12:00
TORONTO, Oct. 02, 2025 (GLOBE NEWSWIRE) -- 50 Metric Ton Multi-Year Offtake Supply Agreement of High-Performance Silicon Battery Material Technology with North American Lithium-Ion Battery CompanyTo Jointly Develop and Optimize Lithium-Ion & Lithium-Polymer Battery Products for Unmanned Systems, Drones, and Defense-Related Mobile Systems Targeting to Enhance Energy Density, Charging/Discharging Rate Capabilities with Safety, and High Power Output Active Progress on 20 TPA Production Scale-Up of Silicon Bat ...
NEO Battery Closes Upsized Non-Brokered Private Placement Offering of $5.5 Million
Globenewswire· 2025-09-29 12:30
Core Points - NEO Battery Materials Ltd. has successfully closed an upsized non-brokered private placement, raising approximately $5,500,000 through the issuance of 10,785,836 units at a price of $0.51 CAD per unit [1][3] Group 1: Offering Details - Each unit consists of one common share and one non-transferable common share purchase warrant, with an exercise price of $0.80 CAD for a period of 36 months [2] - The net proceeds from the offering will be allocated towards securing South Korean battery components, purchasing scale-up equipment for silicon battery material development, and general working capital [3] Group 2: Regulatory and Compliance Information - The offering was conducted under an exemption from the prospectus requirement, allowing for the sale of securities outside Canada without resale restrictions [4] - The offering is not classified as a Related Party Transaction and is therefore not subject to certain TSXV policies [4] Group 3: Company Overview - NEO Battery Materials is focused on developing silicon-enhanced lithium-ion batteries for various applications, including drones, UAVs, and robotics [6] - The company aims to establish a secure battery supply chain in North America and is committed to producing high-performance battery components through a low-cost manufacturing process [6]
Here’s Alger Weatherbie Specialized Growth Fund’s Comment on NeoGenomics (NEO)
Yahoo Finance· 2025-09-24 13:10
Core Insights - Alger Weatherbie Specialized Growth Fund's second-quarter 2025 investor letter highlights the impact of trade policy uncertainty on market volatility, particularly due to President Trump's tariffs, which affected import-dependent companies [1] - The S&P 500 reached a record high by the end of Q2 2025, with a gain of 10.94%, aided by improved market sentiment following the suspension of reciprocal tariff hikes on China [1] - Class A shares of the fund outperformed the Russell 2500 Growth Index during the same period [1] Company Analysis: NeoGenomics, Inc. - NeoGenomics, Inc. is identified as a leading provider of specialty oncology lab testing services, with a focus on serving hospitals, oncologists, and pathologists [3] - The stock of NeoGenomics experienced a one-month return of 14.83%, but it has lost 45.66% of its value over the past 52 weeks, closing at $8.13 per share with a market capitalization of $1.05 billion as of September 23, 2025 [2] - Despite a revenue shortfall attributed to weakness in non-clinical segments, NeoGenomics exceeded consensus estimates for EBITDA and reaffirmed its full-year 2025 organic revenue guidance, while slightly increasing total revenue guidance due to a recent acquisition [3]
NEO Battery Materials Upsizes Private Placement to $5.5 Million & Appoints Korean Admiral and Major General to Strengthen Defense-Related Capabilities
Globenewswire· 2025-09-23 12:30
Core Insights - NEO Battery Materials Ltd. has increased its non-brokered private placement offering from $4 million to approximately $5.5 million due to strong demand from institutional and strategic investors [1][3] - The offering will consist of the sale of up to 10,784,313 units at a price of $0.51 per unit [1] - The company has appointed two strategic defense advisors, Admiral Seung-Sub Shim and Major General Geun-Young Choi, to provide guidance on military and defense procurement [2][6] Private Placement Offering - The upsized offering is expected to close around September 25, 2025, and has received conditional acceptance from the TSX Venture Exchange [4] - All other terms of the offering remain consistent with previous disclosures [3] Strategic Appointments - Admiral Seung-Sub Shim and Major General Geun-Young Choi will leverage their military experience to guide NEO's battery development for defense applications [6][9] - Their expertise will help ensure that NEO's battery solutions meet military standards for performance and safety [6][8] Company Overview - NEO Battery Materials focuses on developing silicon-enhanced lithium-ion batteries for various applications, including drones, robotics, and electric vehicles [10] - The company aims to establish a robust battery supply chain in North America and is committed to producing high-performance battery components [10]
NeoGenomics Stock In A Range-Bound Matrix, Weakness Likely Until 2026
Benzinga· 2025-09-17 11:58
Core Viewpoint - NeoGenomics (NEO) is currently in Phase 18 of its Adhishthana Cycle, indicating a prolonged period of consolidation with little sign of breakout until August 2026 [1][10]. Summary by Sections NEO's Cycle Overview - NEO has closely followed the Adhishthana Principles throughout its cycle, particularly between Phases 9 and 12, demonstrating a strong alignment with the model [2]. - Stocks in Phases 4 through 8 typically form a Cakra, which has bullish implications, leading to a breakout in Phase 9, marking the start of the Himalayan Formation [3]. Historical Performance - From May 2016 to September 2019, NEO traded within its Cakra, then broke out sharply in Phase 9, rising from $18 to $34 [5]. - The stock continued to rally in Phase 10, reaching a peak of $61, but subsequently began to decline, falling over 70% back to the breakout level near $18 [6]. Challenges Faced - The issues for NEO began upon entering the Guna Triads (Phases 14, 15, and 16), which are critical for determining the potential for achieving Nirvana in Phase 18 [7]. - For Nirvana to occur, the Guna Triads must exhibit Satoguna, indicating a sustainable bullish move, which NEO failed to demonstrate [8]. Current Status and Outlook - NEO remains in consolidation for over 850 days, with the current phase concluding in August 2026, suggesting continued stagnation [10]. - Investors are advised to be cautious, as the stock is unlikely to show significant movement in the near term, remaining "stuck in the Matrix" [11].
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].