GeneDx (WGS)

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GeneDx Holdings Corp. (WGS) Reports Q1 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-04-29 22:50
GeneDx Holdings Corp. (WGS) came out with a quarterly loss of $0.33 per share versus the Zacks Consensus Estimate of a loss of $0.68. This compares to loss of $2.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 51.47%. A quarter ago, it was expected that this company would post a loss of $0.60 per share when it actually produced a loss of $0.59, delivering a surprise of 1.67%.Over the last four quarters, the company has surp ...
GeneDx (WGS) - 2024 Q1 - Quarterly Report
2024-04-29 20:13
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 Commission file number 001-39482 GeneDx Holdings Corp. (Exact name of registrant as specified in its charter) Delaware 85-1966622 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 333 Ludlow Street, North Tower; 6th Floor Stamford, Connecticut ...
GeneDx (WGS) - 2024 Q1 - Quarterly Results
2024-04-29 20:09
Exhibit 99.1 GeneDx Reports First Quarter 2024 Financial Results and Business Highlights Reported first quarter 2024 revenue from continuing operations of $61.5M with 96% year-over-year growth of exome and genome test revenue 1 Expanded first quarter 2024 adjusted gross margins from continuing operations to 61% 2 Narrowed first quarter 2024 adjusted net loss to $8.5M and delivered 71% year-over-year cash burn reduction 2 Raised guidance to deliver between $235M and $245M in FY 2024 revenue and reiterate pat ...
GeneDx Reports First Quarter 2024 Financial Results and Business Highlights
Newsfilter· 2024-04-29 20:05
Reported first quarter 2024 revenue from continuing operations1 of $61.5M with 96% year-over-year growth of exome and genome test revenue Expanded first quarter 2024 adjusted gross margins2 from continuing operations to 61% Narrowed first quarter 2024 adjusted net loss2 to $8.5M and delivered 71% year-over-year cash burn reduction Raised guidance to deliver between $235M and $245M in FY 2024 revenue and reiterate path to profitability in 2025 GeneDx to host conference call today at 4:30 p.m. ET STAMFORD, C ...
GeneDx Announces Partnership with Komodo Health to Expand Access to World's Largest Rare Disease Dataset
Newsfilter· 2024-04-23 12:30
STAMFORD, Conn., April 23, 2024 (GLOBE NEWSWIRE) -- GeneDx (NASDAQ:WGS), a leader in delivering improved health outcomes through genomic insights, today announced a strategic partnership with Komodo Health, a premier healthcare technology company for the pharmaceutical industry. The new partnership will increase access to GeneDx's extensive de-identified rare disease data set, now available through Komodo Health's MapEnhance offering, including data from more than 500,000 exomes, enabling biopharma companie ...
GeneDx to Report First Quarter 2024 Financial Results on Monday, April 29, 2024
Newsfilter· 2024-04-04 20:05
STAMFORD, Conn., April 04, 2024 (GLOBE NEWSWIRE) -- GeneDx (NASDAQ:WGS), a leader in delivering improved health outcomes through genomic insights, today announced it will release financial results for the first quarter of 2024 after the market closes on Monday, April 29, 2024. Management will host a conference call that day to discuss first quarter 2024 financial and operating results at 4:30 p.m. Eastern Time. Conference Call Details Investors interested in listening to the conference call are required to ...
Here's Why GENEDX HOLDINGS (WGS) Could be Great Choice for a Bottom Fisher
Zacks Investment Research· 2024-03-21 14:56
A downtrend has been apparent in GeneDx Holdings Corp. (WGS) lately. While the stock has lost 20.5% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case ...
GeneDx to Present Data at the 2024 American College of Medical Genetics (ACMG) Annual Meeting Demonstrating Clinical Superiority of its Exome, Paving the Way for the Future of Genomics
Newsfilter· 2024-03-14 12:30
STAMFORD, Conn., March 14, 2024 (GLOBE NEWSWIRE) -- GeneDx (NASDAQ:WGS), a leader in delivering improved health outcomes through genomic insights, today announced its scientific contributions at the 2024 American College of Medical Genetics and Genomics (ACMG) Annual Clinical Genetics Meeting. Across one platform presentation, an industry symposium and six poster presentations, including one selected as a "Rapid Fire Poster Session," an invitation-only presentation of the top 20 ACMG posters, GeneDx continu ...
GeneDx to Present Data at the 2024 American College of Medical Genetics (ACMG) Annual Meeting Demonstrating Clinical Superiority of its Exome, Paving the Way for the Future of Genomics
Globenewswire· 2024-03-14 12:30
STAMFORD, Conn., March 14, 2024 (GLOBE NEWSWIRE) -- GeneDx (Nasdaq: WGS), a leader in delivering improved health outcomes through genomic insights, today announced its scientific contributions at the 2024 American College of Medical Genetics and Genomics (ACMG) Annual Clinical Genetics Meeting. Across one platform presentation, an industry symposium and six poster presentations, including one selected as a “Rapid Fire Poster Session,” an invitation-only presentation of the top 20 ACMG posters, GeneDx contin ...
GeneDx (WGS) - 2023 Q4 - Annual Report
2024-02-22 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number 001-39482 GeneDx Holdings Corp. (Exact name of registrant as specified in its charter) Delaware 85-1966 ...