Key Developments For Genoptix, Inc.
Genoptix, Inc. (GXDX.O) (Consolidated Issue listed on NASDAQ Global Market)
Genoptix, Inc. Sees FY 2009 Revenue AT Higher End Of Prior Guidance; Raises FY 2009 Earnings Guidance; Issues FY 2010 Revenue Guidance Above Analysts' Estimates
Genoptix, Inc. announced that for fiscal 2009, it expects revenues of approximately $180 million, net income of approximately $29 million, up from prior estimates of approximately $25 million and diluted earnings per share (EPS) to be approximately $1.60, increasing from a prior range of $1.40 to $1.45. For fiscal 2010, revenues are expected to grow to approximately $235 million. According to Reuters Estimates, analysts were expecting the Company to report revenue of $180 million, net profit of $26 million and EPS of $1.46 for fiscal 2009; revenue of $231 million for fiscal 2010.
Genoptix, Inc. Reaffirms FY 2009 Guidance-Conference Call
Genoptix, Inc. announced that for fiscal 2009, it was able to increase its guidance in the most recent earnings call. The Company is now forecasting revenue to be in the range of $175 million to $180 million for the fiscal 2009 with GAAP earnings per share (EPS) estimates in the range of $1.40 to $1.45.
Genoptix, Inc. Raises FY 2009 Outlook
Genoptix, Inc. raised its fiscal 2009 outlook and expects revenues between $175-$180 million, an increase from previous estimates of approximately $170-$175 million and diluted earnings per share (EPS) is now expected to be between $1.40-$1.45 from a prior range of $1.20-$1.25. According to Reuters Estimates, analysts were expecting the Company to report revenues of $176 million and EPS of $1.32 for the same period.
Genoptix, Inc. Raises FY 2009 Outlook
Genoptix, Inc. raised fiscal 2009 outlook and expects revenues of between $170 to $175 million, up from previous expectations of approximately $170 million, net income to be approximately $22 million, up from prior estimates of $21 million and diluted earnings per share (EPS) to be between $1.20 to $1.25 up from approximately $1.15. According to Reuters Estimates, analysts on an average were expecting the Company to report EPS of $1.21 net profit of $21 million on revenue of $172 million for fiscal 2009.
Genoptix, Inc. Raises FY 2009 Revenue Outlook; Issues FY 2009 Earnings Outlook In Line with Analysts' Estimates
Genoptix, Inc. announced that for fiscal 2009, it has raised revenues outlook to approximately $170 million. Income before income taxes is expected to be approximately $38 million and diluted GAAP EPS is expected to be approximately $1.15 on an estimated 18.1 million shares assuming a tax rate of 45%. According to Reuters Estimates, analysts on an average were expecting the Company to report revenue of $164 million and GAAP EPS of $1.15 for fiscal 2009.
