Overview
GeneDx Q2 2025 revenue rises 49% yr/yr to $102.7 mln
Adjusted EPS beats analyst expectations, per LSEG data
Co raises full-year revenue guidance to $400-$415 mln
Outlook
GeneDx raises 2025 revenue guidance to $400-$415 mln
Company expects 48%-52% growth in exome and genome revenue
GeneDx anticipates 68%-71% adjusted gross margin for 2025
Company sees positive adjusted net income each quarter in 2025
Result Drivers
EXOME AND GENOME TESTING - Revenue from exome and genome tests grew 69% yr/yr, driven by increased adoption in pediatrics
GROSS MARGIN EXPANSION - Adjusted gross margin improved to 71%, reflecting operational efficiencies
AAP RECOMMENDATION - American Academy of Pediatrics' recommendation for exome and genome testing as first-tier tests boosted demand
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Beat
$0.5
$0.1 (5 Analysts)
Q2 Adjusted Net Income
$15 mln
Q2 Net Income
$10.80 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the healthcare facilities & services peer group is "buy"
Wall Street's median 12-month price target for GeneDx Holdings Corp is $110.00, about 22.8% above its July 28 closing price of $84.91
The stock recently traded at 54 times the next 12-month earnings vs. a P/E of 75 three months ago
Press Release: ID:nBw427l5Ja
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)