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Monday, July 29, 2019

Exact Sciences Q2 revenue up 94%; Cologuard volume up 93%

Exact Sciences (EXASQ2 results: Revenues: $199.9M (+94.3%).
Net Loss: ($38.4M) (-5.5%); Loss Per Share: ($0.30) (unch).
Cologuard test volume: 415K (+93%); average revenue/test: $483; average cost/test: $123.
2019 guidance: Revenue: $800M – 810M from $725M – 740M.
Shares are down 7% premarket.

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