Sophia Genetics(SOPH)
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SOPHiA GENETICS Announces Updates on SOPHiA UNITY at ESMO 2024
Prnewswire· 2024-09-12 08:00
The global collective intelligence network aims to accelerate precision oncology research and care BOSTON and ROLLE, Switzerland, Sept. 12, 2024 /PRNewswire/ -- SOPHiA GENETICS (Nasdaq: SOPH), a cloud-native healthcare technology company and a global leader in data-driven medicine, today announced an update that several world-renowned healthcare organizations have joined SOPHiA UNITY. SOPHiA UNITY is the global consortium announced at ASCO by SOPHiA GENETICS that connects best-in-class healthcare institutio ...
SOPHiA GENETICS Announces Validation of Novel Clinical Trial Assay Together with Precision for Medicine at World Clinical Biomarkers & CDx 2024
Prnewswire· 2024-09-05 12:30
The companies share how their collaboration enables clinical trial enrollment for a novel cancer therapy for oncogene amplified cancers in development by Boundless Bio BOSTON and ROLLE, Switzerland, Sept. 5, 2024 /PRNewswire/ -- SOPHiA GENETICS (Nasdaq: SOPH), a cloud-native healthcare technology company and a global leader in data-driven medicine, today announced an update from the Company's work with biopharma company Boundless Bio. SOPHiA GENETICS first partnered with Boundless Bio in 2022 to develop and ...
SOPHiA GENETICS (SOPH) Loses -30.47% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2024-08-12 14:36
Core Viewpoint - SOPHiA GENETICS SA (SOPH) has experienced a significant decline of 30.5% over the past four weeks, but it is now positioned for a potential trend reversal due to being in oversold territory and positive earnings expectations from Wall Street analysts [1] Group 1: Technical Indicators - The Relative Strength Index (RSI) is a key technical indicator used to determine if a stock is oversold, with readings below 30 indicating oversold conditions [2] - SOPH's current RSI reading is 17.38, suggesting that the heavy selling pressure may be exhausting, indicating a possible bounce back towards equilibrium [5] Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts that earnings estimates for SOPH will improve, with a reported increase of 8.7% in the consensus EPS estimate over the last 30 days [6] - An upward trend in earnings estimate revisions typically correlates with price appreciation in the near term [6] Group 3: Analyst Ratings - SOPH holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a strong potential for a turnaround [7]
What Makes SOPHiA GENETICS (SOPH) a New Buy Stock
ZACKS· 2024-08-09 17:01
SOPHiA GENETICS SA (SOPH) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Individual inv ...
SOPHiA GENETICS SA (SOPH) Reports Q2 Loss, Lags Revenue Estimates
ZACKS· 2024-08-06 12:56
SOPHiA GENETICS SA (SOPH) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to loss of $0.33 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 17.86%. A quarter ago, it was expected that this company would post a loss of $0.25 per share when it actually produced a loss of $0.21, delivering a surprise of 16%. Over the last four quarters, the company has surpas ...
Sophia Genetics(SOPH) - 2024 Q2 - Quarterly Report
2024-08-06 11:08
Exhibit 99.1 Index to Consolidated Financial Statements Table of Contents | --- | --- | |-------|-----------------------------------------------------------------------------------------------------------------------------------| | | | | | Unaudited Interim Condensed Consolidated Financial Statements | | – | Unaudited Interim Condensed Consolidated Statements of Loss | | – | Unaudited Interim Condensed Consolidated Statements of Comprehensive Loss Unaudited Interim Condensed Consolidated Balance Sheets | | ...
SOPHiA GENETICS Reports Second Quarter 2024 Results
Prnewswire· 2024-08-06 10:45
Strength in U.S. Growth Offset by Challenges in BioPharma and EMEA; Strong Cost Management Buffers Loss BOSTON and ROLLE, Switzerland, Aug. 6, 2024 /PRNewswire/ -- SOPHiA GENETICS (Nasdaq: SOPH), a cloud-native software company and leader in data-driven medicine, today reported financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Update Revenue was $15.8 million, up 5% year-over-year; Constant currency revenue excluding COVID-19 revenue was $16.0 million, up 7% year-ov ...
SOPHiA GENETICS Announces L'hôpital Universitaire Avicenne is Live on SOPHiA DDM™
Prnewswire· 2024-07-29 14:30
BOSTON and ROLLE, Switzerland, July 29, 2024 /PRNewswire/ -- SOPHiA GENETICS (Nasdaq: SOPH), a cloud-native healthcare technology company and a leader in data-driven medicine, today announced that L'hôpital Universitaire Avicenne is implementing the SOPHiA DDM™ Platform. The hospital, located in Bobigny, France, will use the platform to advance its testing and research of blood-related cancers and disorders. "As a research and teaching hospital, as well as a clinical center of excellence, it is our goal to ...
SOPHIA GENETICS Announces Expanded Relationship with Canada-Based OncoHelix
Prnewswire· 2024-07-24 15:59
Core Insights - OncoHelix is the first laboratory in Canada to implement MSK-ACCESS® powered with SOPHiA DDM™, enhancing its oncology testing capabilities through advanced liquid biopsy solutions [1][4] - The partnership with SOPHiA GENETICS aims to leverage cutting-edge technology for rapid validation of genomic panels and sequencing, supporting OncoHelix's mission in precision oncology [3][4] Company Overview - OncoHelix, based in Calgary, Canada, specializes in genomic and molecular testing services globally and collaborates with the Hematology Translational Lab at the University of Calgary [2] - SOPHiA GENETICS is a cloud-native healthcare technology company focused on data-driven medicine, providing the SOPHiA DDM™ platform for analyzing complex genomic data [6] Technology and Innovation - The MSK-ACCESS® powered with SOPHiA DDM™ is a decentralized ctDNA assay developed by Memorial Sloan Kettering Cancer Center, analyzing 146 key cancer-associated genes [4] - Liquid biopsy testing offers a less invasive alternative to traditional solid tumor biopsies, extracting cell-free DNA from blood plasma to reveal circulating tumor DNA [3]
SOPHiA GENETICS Announces Expanded Relationship with Canada-Based OncoHelix
Prnewswire· 2024-07-24 14:00
Core Insights - OncoHelix is the first laboratory in Canada to implement MSK-ACCESS® powered with SOPHiA DDM™, enhancing its genomic and molecular testing capabilities [1][8] - The partnership with the Hematology Translational Lab at the University of Calgary has significantly advanced precision oncology and immunology research [1] - Liquid biopsy testing, which extracts cell-free DNA from blood plasma, offers a less invasive alternative to traditional biopsies, facilitating quicker clinical decisions and monitoring [2][9] Company Developments - OncoHelix will utilize the new liquid biopsy solution to enhance its oncology testing capabilities, building on its existing use of the SOPHiA DDM™ Platform for myeloid testing [8][9] - The MSK-ACCESS® powered with SOPHiA DDM™ is a decentralized ctDNA assay developed by Memorial Sloan Kettering Cancer Center, focusing on deep sequencing of 146 cancer-associated genes [9] - The implementation of this technology is expected to improve the assessment of cancer treatment responses and the diagnosis of cases where tissue biopsy is not feasible [3][9] Industry Context - SOPHiA GENETICS is a leader in data-driven medicine, utilizing AI to provide actionable insights for healthcare institutions globally [5] - The collaboration between OncoHelix and SOPHiA GENETICS reflects a growing trend in the healthcare industry towards integrating advanced genomic technologies to improve patient care [9]