CareDx (CDNA) Misses Q1 EPS by 3c

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Go back to CareDx (CDNA) Misses Q1 EPS by 3c

CareDx Reports First Quarter 2020 Results

April 30, 2020 4:05 PM EDT

SOUTH SAN FRANCISCO, Calif., April 30, 2020 (GLOBE NEWSWIRE) -- CareDx, Inc. (Nasdaq: CDNA), a leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today reported financial results for the quarter ended March 31, 2020.

First Quarter 2020 and Recent Highlights:

Achieved total revenue of $38.4 million for the three months ended March 31, 2020, increasing 48% year-over-yearProvided over 15,000 AlloSure Kidney and AlloMap Heart patient resultsRecorded seventh straight quarter of positive adjusted EBITDAStrengthened balance sheet by increasing cash to... More