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Recap: CareDx Q4 Earnings

Author: Benzinga Insights | February 28, 2024 05:15pm

CareDx (NASDAQ:CDNA) reported its Q4 earnings results on Wednesday, February 28, 2024 at 04:05 PM.

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

Earnings

CareDx beat estimated earnings by 37.0%, reporting an EPS of $-0.17 versus an estimate of $-0.27.

Revenue was down $16.82 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.21 which was followed by a 14.000000000000002% increase in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.39 -0.31 -0.11 -0.09
EPS Actual -0.18 -0.18 -0.11 -0.07
Revenue Estimate 53.14M 61.76M 80.70M 81.66M
Revenue Actual 67.19M 70.30M 77.26M 82.38M

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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