CareDx, Inc. (CDNA), Monday reported preliminary loss for the fourth quarter and a 30 percent increase preliminary revenues.
For the quarter, the company projects loss to be approximately $32 to $34 million and adjusted EBITDA to be between $8 and $9 million.
Quarterly preliminary revenue is expected to increase to a range of $85 to $86 million.
Meanwhile, for the full year 2024, loss is estimated to be between $58 million and $60 million and revenue is expected to be between $332 million to $333 million.
Looking forward to the fiscal year 2025, CareDx sees revenue of $370 million.
In the pre-market hours, CareDx's stock is trading at $25.08, up 6.14 percent on the Nasdaq.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.