NeoGenomics: Q2 Earnings Snapshot
FORT MYERS, Fla. (AP) — FORT MYERS, Fla. (AP) — NeoGenomics Inc. (NEO) on Monday reported a loss of $18.6 million in its second quarter.
On a per-share basis, the Fort Myers, Florida-based company said it had a loss of 15 cents. Earnings, adjusted for stock option expense and amortization costs, came to 3 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.
The operator of cancer-focused testing laboratories posted revenue of $164.5 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $162.1 million.
NeoGenomics expects full-year revenue in the range of $655 million to $667 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NEO at https://www.zacks.com/ap/NEO