BRISBANE, Calif. (AP) — BRISBANE, Calif. (AP) — CareDx Inc. (CDNA) on Monday reported a loss of $7.4 million in its third quarter.
On a per-share basis, the Brisbane, California-based company said it had a loss of 14 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 14 cents per share.
The molecular diagnostics company posted revenue of $82.9 million in the period.
CareDx expects full-year revenue in the range of $327 million to $331 million.
CareDx shares have climbed 91% since the beginning of the year. In the final minutes of trading on Monday, shares hit $22.93, nearly quadrupling in the last 12 months.
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