CareDX Watchlist

tz-plus logo CareDX (CDNA) in Pivotal Point Check: New 52-Week High After Earnings Fireworks, Medicare Reimbursement Breakthrough, and Forecast Increase!

W. Zussner
Reading Time: 2 minutes

Strong Q2 Growth: Revenue increase of 52% to 132 million USD significantly exceeds analyst estimates. Convincing Profitability: Adjusted earnings per share of 0.37 USD are driven by increasing test volumes in transplantation diagnostics. Optimistic Outlook: Annual revenue forecast raised to up to 500 million USD. CareDx, known for precision medicine and diagnostics focused on transplantation monitoring and oncology, caused a significant boost on the stock market on July 31. The stock climbed noticeably following the release of the Q2...

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