CareDx (CDNA) Misses Q4 EPS by 6c

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CareDx Announces CFO Transition

March 24, 2016 4:02 PM EDT

BRISBANE, Calif., March 24, 2016 (GLOBE NEWSWIRE) -- CareDx, Inc. (Nasdaq: CDNA), a molecular diagnostics company focused on the discovery, development and commercialization of clinically differentiated, high-value diagnostic surveillance solutions for transplant patients, today announced that Charles Constanti will become its new chief financial officer, replacing Ken Ludlum, who will be leaving CareDx after a transition period. Mr. Constanti will assume the role in early April 2016 and Mr. Ludlum will remain with CareDx through June to ensure a smooth transition.

"During his two years at CareDx, Ken helped us complete our IPO, strengthen the financial organization... More

CareDx, Inc. Reports Fourth Quarter and Full Year 2015 Financial Results

March 24, 2016 4:01 PM EDT

BRISBANE, Calif., March 24, 2016 (GLOBE NEWSWIRE) -- CareDx, Inc. (Nasdaq: CDNA), a molecular diagnostics company focused on the discovery, development and commercialization of clinically differentiated, high-value diagnostic surveillance solutions for transplant patients, today reported financial results for the fourth quarter and full year ended December 31, 2015. 

Recent Highlights:

For the full year 2015, revenue was $28.1 million versus $27.3 million in 2014, an increase of 3%. Total revenue in 2014 included a $1.1 million one-time payment from LabCorp recorded in the fourth quarter.  Revenue from AlloMap®, the Company's flagship molecular diagnostic surveillance solution, grew to... More