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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
ๅ ๅ ฅ March 2022
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Wall St Engine
@wallstengine
2026.11.09 21:16
GENEDX $WGS Q3โ26 EARNINGS HIGHLIGHTS ๐น Revenue: $123.1M (Est. $123M) ๐ก; +5% YoY ๐น Adj. EPS: $0.28 (Est. $0.07) ๐ข ๐น GAAP EPS: -$0.41 ๐น Exome & Genome Revenue: $110.4M; +12% YoY ๐น Exome & Genome Volume: 32,134; +25% YoY ๐น Non-GAAP Gross Margin: 72%; -200 bps YoY FY26 Guide: ๐น Revenue: $475M-$490M (Est. $482M) ๐ก ๐น Exome & Genome Revenue Growth: At least 17% ๐น Exome & Genome Volume Growth: At least 28% ๐น Adjusted Gross Margin: ~71% ๐น Adjusted Net Income: ~$12M Q4 Guide: ๐น Revenue: $135M ๐น Exome & Genome Revenue: $121M ๐น Exome & Genome Volume: 34,500 tests ๐น Adjusted Gross Margin: At least 71% ๐น Adjusted Net Income: ~$12M Customers & Assets: ๐น Accession Growth: +28% YoY Announcements: ๐น GUARDIAN Study: 30,000 newborns enrolled; 72.3% parental participation ๐น BRIDGES-NBS: Screen up to 30,000 newborns for 700+ conditions over two years Key Updates: ๐น Adjusted Net Income: $8.6M ๐น Medicaid Coverage: 25 state programs now cover whole genome sequencing ๐น ASHG: 27 scientific abstracts presented Comments: ๐ธ โOur Q3 results reflect profitable execution in a growing market, as we translate the rising demand for exome and genome testing into durable revenue growthโ ๐ธ โOur priorities are clear: improve the economics of our testing, expand utilization, and deliver leading products at scale.โ
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