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WGS — GeneDx Holdings News Story

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Genetic testing firm GeneDx beats Q2 adjusted EPS estimates, raises full-year guidance

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

MetricBeat/MissActualConsensus Estimate
Q2 Adjusted EPSBeat$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.)

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