Castle Biosciences Announces First Quarter 2020 Results

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Castle Biosciences Inc. (CSTL) Tops Q1 EPS by 18c

May 11, 2020 5:01 PM EDT

Castle Biosciences Inc. (NASDAQ: CSTL) reported Q1 EPS of $0.03, $0.18 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $17.4 million versus the consensus estimate of $13.79 million.

The Castle Biosciences team continued to perform at an exceptional level in the first quarter, with significant growth in revenue and DecisionDx®-Melanoma test report volume, said Derek Maetzold, president and chief executive officer. We are making investments in our business intended to put us in a position of strength as we continue to move through the current COVID-19 situation and execute on our... More