Myriad Genetics (MYGN) announces Mark Capone has resigned as President and CEO

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Myriad Announces Leadership Transition

February 6, 2020 4:06 PM EST

R. Bryan Riggsbee, Chief Financial Officer Appointed Interim President and CEO

Mark C. Capone Resigns, Effective Immediately

SALT LAKE CITY, Feb. 06, 2020 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (Myriad or the Company) (NASDAQ: MYGN), a leader in molecular diagnostics and precision medicine, announced today that R. Bryan Riggsbee, Chief Financial Officer, has been appointed Interim President and CEO effective immediately and will also continue to serve as Chief Financial Officer. Mark C. Capone has resigned as President and Chief Executive Officer and as a member... More

Myriad Genetics Reports Fiscal Second-Quarter 2020 Financial Results

February 6, 2020 4:05 PM EST

Total Second-Quarter Revenues of $195.1 MillionSecond-Quarter Diluted EPS of ($0.11) and Adjusted EPS of $0.23

SALT LAKE CITY, Feb. 06, 2020 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN, Myriad or the Company), a global leader in molecular diagnostics and precision medicine, today announced financial results for its fiscal second-quarter 2020, provided an update on recent business highlights and provided revised fiscal year and third-quarter 2020 financial guidance.

"Revenue in the fiscal second quarter fell short of expectations largely due to the prenatal business.  Prenatal cash collections were negatively impacted by issues in billing operations that... More