CareDx (CDNA) Misses Q2 EPS by 9c, Maintains FY Rev. Guidance

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CareDx, Inc. Reports Second Quarter 2015 Financial Results

August 10, 2015 4:01 PM EDT

BRISBANE, Calif., Aug. 10, 2015 (GLOBE NEWSWIRE) -- CareDx, Inc. (Nasdaq: CDNA), a molecular diagnostics company focused on the development and commercialization of clinically differentiated, high value, non-invasive surveillance solutions for transplant recipients, today reported financial results for the second quarter ended June 30, 2015.

Recent highlights:

Record volume of more than 3,250 AlloMap diagnostic tests administered and processed, with a continued reimbursement of rate of 80%. Total revenues for the second quarter of $7.1 million, a year-over-year increase of 5%. DART 1, a multi-center kidney transplant study using cfDNA, was initiated, and six leading medical... More