InVitae (NVTA) Misses Q1 EPS by 5c, Revenues Beat

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Invitae Reports 169% Revenue Growth Driven by 150% Growth in Volume in First Quarter 2018

May 9, 2018 4:05 PM EDT

SAN FRANCISCO, May 9, 2018 /PRNewswire/ -- Invitae Corporation (NYSE: NVTA), one of the fastest growing genetics companies, today announced financial and operating results for the first quarter ended March 31, 2018. Based on the growing momentum in test volume and substantial revenue growth, the company is increasing its volume guidance from accessioning 250,000 samples to accessioning more than 275,000 samples in 2018. Additionally, the company is raising its revenue guidance from at least $120 million to more than $130 million in 2018.

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