Myriad Genetics (MYGN) Misses Q2 EPS by 3c; Offers 3Q & FY19 EPS/Revenue Outlook

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Myriad Genetics Reports Fiscal Second-Quarter 2019 Financial Results

February 5, 2019 4:05 PM EST

Total Second-Quarter Revenues of $216.8 Million, Up 15 PercentSecond-Quarter Diluted EPS of $0.03 and Adjusted EPS of $0.38, Up 6 Percent

SALT LAKE CITY, Feb. 05, 2019 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN, Myriad or the Company), a global leader in molecular diagnostics and personalized medicine, today announced financial results for its fiscal second-quarter 2019, provided an update on recent business highlights, maintained its fiscal year 2019 financial guidance and provided fiscal third-quarter 2019 financial guidance.         

"This quarter we saw a return to revenue growth for our hereditary cancer business, an acceleration in our prenatal testing and continued profitability improvements... More