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Aug. 9, 2018, 7:41 p.m. EDT

CareDX stock soars nearly 20% after earnings

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By Max A. Cherney

CareDX Inc. /zigman2/quotes/200138382/composite CDNA -2.43% shares surged 17% in the extended session Thursday after the company reported second-quarter earnings. The company reported second-quarter net losses of $14.1 million, or 40 cents a share, compared with losses of $4 million, or 19 cents a share, in the year-ago period. Adjusted for changes in the value of stock warrants and derivative liabilities losses were 4 cents a share, narrowing from 17 cents a share in the year-earlier period. Revenue rose to $17.8 million from $12.1 million in the year-ago period. The company said it expects full-year sales of $68 million to $70 million. CareDX shares have gained 104% this year, with the S&P 500 index /zigman2/quotes/210599714/realtime SPX +0.02% rising 6.7%.

/zigman2/quotes/200138382/composite
US : U.S.: Nasdaq
$ 37.40
-0.93 -2.43%
Volume: 627,470
July 15, 2019 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1.58 billion
Rev. per Employee
$331,468
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/zigman2/quotes/210599714/realtime
US : S&P US
3,014.30
+0.53 +0.02%
Volume: 1.60B
July 15, 2019 5:11p
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