NeoGenomics (NASDAQ:NEO) issued an update on its FY18 earnings guidance on Wednesday morning. The company provided EPS guidance of $0.15-0.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.21.
NeoGenomics (NASDAQ:NEO) traded up $0.72 during mid-day trading on Thursday, reaching $8.08. The company had a trading volume of 1,518,900 shares, compared to its average volume of 429,590. NeoGenomics has a fifty-two week low of $7.08 and a fifty-two week high of $11.63. The firm has a market capitalization of $591.81, a P/E ratio of -23.09, a PEG ratio of 2.97 and a beta of 0.57. The company has a current ratio of 2.14, a quick ratio of 1.99 and a debt-to-equity ratio of 0.57.
NeoGenomics (NASDAQ:NEO) last released its earnings results on Wednesday, February 21st. The medical research company reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.01. NeoGenomics had a positive return on equity of 3.97% and a negative net margin of 4.78%. The business had revenue of $67.79 million for the quarter, compared to the consensus estimate of $66.32 million. During the same period last year, the business earned $0.05 earnings per share. The firm’s revenue for the quarter was up 12.1% compared to the same quarter last year. research analysts predict that NeoGenomics will post 0.04 EPS for the current fiscal year.
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NeoGenomics, Inc is an operator of a network of cancer-focused genetic testing laboratories. The Company operates in Laboratory Testing Segment. This segment delivers testing services to hospitals, pathologists, oncologists, other clinicians and researchers. It has laboratory locations in Ft. Myers and Tampa, Florida; Aliso Viejo, Fresno, Irvine, and West Sacramento, California; Houston, Texas and Nashville, and Tennessee.
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