Genomic Health (GHDX) Misses Q1 EPS by 4c

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Go back to Genomic Health (GHDX) Misses Q1 EPS by 4c

Genomic Health Announces First Quarter 2015 Financial Results and Reports Record Oncotype DX® Test Volume

May 5, 2015 4:01 PM EDT

REDWOOD CITY, Calif., May 5, 2015 /PRNewswire/ -- Genomic Health, Inc. (Nasdaq: GHDX) today reported financial results and business progress for the quarter ended March 31, 2015.

Product revenue was $68.2 million in the first quarter of 2015, compared with $67.0 million for the first quarter of 2014, an increase of 2 percent.  On a constant currency basis, product revenue increased 3 percent compared with the prior year. 

International product revenue was $10.4 million in the first quarter of 2015 and represented 15 percent of product revenue in the quarter.

Reported total product revenue was impacted negatively by $0.8 million... More