Myriad Genetics Reports Fiscal First-Quarter 2020 Financial Results

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Myriad Genetics (MYGN) Misses Q1 EPS by 24c; Lowers Outlook

November 4, 2019 4:16 PM EST

Myriad Genetics (NASDAQ: MYGN) reported Q1 EPS of $0.08, $0.24 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $186.3 million versus the consensus estimate of $202.1 million.

"We had a challenging start to fiscal year 2020 as hereditary cancer revenue accrual from small payers was impacted by the... More