NeoGenomics reported a solid start to 2025, with consolidated revenue increasing 8% year-over-year to $168 million, driven by higher volume. The net loss decreased by 4% to $26 million, and adjusted EBITDA significantly increased by 102% to $7 million, indicating improved operational efficiency.
Consolidated revenue for Q1 2025 increased by 8% to $168 million compared to Q1 2024.
Net loss for the quarter decreased by 4% to $26 million.
Adjusted EBITDA saw a significant increase of 102%, reaching $7 million.
Average revenue per clinical test increased by 3% to $459, driven by higher value tests and strategic reimbursement initiatives.
The company revised its full-year 2025 guidance to reflect the acquisition of Pathline, LLC, increasing the revenue range.
Analyze how earnings announcements historically affect stock price performance