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CareDx: Q3 Earnings Insights

Author: Benzinga Insights | November 08, 2023 05:35pm

CareDx (NASDAQ:CDNA) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

CareDx beat estimated earnings by 53.85%, reporting an EPS of $-0.18 versus an estimate of $-0.39.

Revenue was down $12.17 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13 which was followed by a 11.23% drop in the share price the next day.

Here's a look at CareDx's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.31 -0.11 -0.09 -0.14
EPS Actual -0.18 -0.11 -0.07 -0.06
Revenue Estimate 61.76M 80.70M 81.66M 82.62M
Revenue Actual 70.30M 77.26M 82.38M 79.36M

To track all earnings releases for CareDx visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: CDNA

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