BRISBANE, Calif. (AP) — BRISBANE, Calif. (AP) — CareDx Inc. (CDNA) on Tuesday reported a loss of $4.1 million in its fourth quarter.
The Brisbane, California-based company said it had a loss of 8 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 12 cents per share.
The molecular diagnostics company posted revenue of $108.4 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $102.6 million.
For the year, the company reported a loss of $21.4 million, or 40 cents per share. Revenue was reported as $379.8 million.
CareDx expects full-year revenue in the range of $420 million to $444 million.
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