NASDAQ$FLGT

Fulgent Genetics Inc. · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Fulgent Genetics reported a 48% increase in revenue and a non-GAAP income for Q4 2019.

Fulgent Genetics announced its Q4 and Full Year 2019 financial results, with Q4 revenue reaching $8.4 million, a 48% increase year-over-year. The company reported a GAAP loss of $296,000, or $0.01 per share, and a non-GAAP income of $778,000, or $0.04 per share for the quarter.

  • Revenue totaled $8.4 million, growing 48% year over year.
  • Billable tests delivered totaled 13,977, growing 118% year over year.
  • Gross Margin improved more than 5 percentage points year over year and cost per test improved approximately 40% year over year.
  • Adjusted EBITDA was $1.1 million.

Headline financials

Total Revenue

$8.39M

Previous: $5.68M+47.7%
EPS (adj)

$0.04

Previous: -$0.01+500.0%
Net Income

-$296K

Previous: -$935K+68.3%
Operating Income

-$409K

Previous: -$1.02M+59.7%
Cash & Equivalents

$12M

Previous: $6.74M+77.6%
Total Assets

$88.8M

Previous: $53.9M+64.7%

Revenue & EPS history

Fulgent · Revenue · Quarterly

$8.39M

Q4 2019+47.7%vs Q4 2018
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Fulgent · $66M total across 1 segment · Q3 2023

  • Core Revenue
    $66M+17.9%

Forward guidance

Fulgent Genetics will provide a formal update on its guidance regarding certain financial measures during its investment community conference call to shortly follow the issuance of this press release.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

-2.5%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-1.3%

Avg return

30 days after

37%

15 / 41 earnings

Positive

+38.3%

Q3 2019

Best reaction

-38.1%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-7.0%-1.8%+19.2%
Q4 2025-38.1%-43.5%-37.0%
Q3 2025+18.3%+30.3%+24.6%
Q1 2025+18.7%+8.1%+20.1%
Q4 2024-1.5%+6.1%+8.7%
Q3 2024-9.0%-16.3%-8.8%
Q2 2024+0.4%-0.3%-4.3%
Q1 2024+1.2%+0.1%-2.8%
Q4 2023-11.5%-6.8%-14.8%
Q3 2023+14.0%+11.1%+15.5%
Q2 2023-15.4%-18.1%-18.6%
Q1 2023+16.1%+23.4%+41.4%
Q4 2022-2.5%+3.3%-9.1%
Q3 2022-8.6%+3.3%-2.4%
Q2 2022-4.9%-20.4%-33.9%
Q1 2022+4.4%-4.1%-1.6%
Q4 2021-1.3%+0.1%-2.1%
Q3 2021-1.1%+10.5%+4.3%
Q2 2021-8.0%-10.9%-15.2%
Q1 2021+3.9%-2.5%+2.6%
Q4 2020-0.5%+18.1%+8.3%
Q3 2020-17.0%+6.9%+20.0%
Q2 2020+27.2%+26.1%+13.2%
Q1 2020-21.0%+3.9%+10.3%
Q4 2019-32.3%-42.6%-29.1%
Q3 2019+38.3%+68.1%+26.0%
Q2 2019+31.9%+45.4%+46.7%
Q1 2019-15.8%-16.5%-11.3%
Q4 2018+9.6%+7.6%+29.3%
Q3 2018+6.9%+12.3%+2.8%
Q2 2018-0.8%-4.9%-17.9%
Q1 2018-0.3%-2.3%-4.9%
Q4 2017-9.1%-20.9%-15.6%
Q3 2017+0.4%-4.0%+0.9%
Q2 2017-15.6%-9.9%-16.4%
Q1 2016-31.1%-30.0%-53.4%
Q1 2017-33.1%-29.4%-53.9%
Q2 2016-3.8%-9.0%-7.5%
Q4 2016+1.1%-4.2%-2.9%
Q4 2015-1.6%-1.7%+8.2%
Q3 2016-3.1%-4.1%+9.5%
Q3 2015
Q2 2015
Q1 2015

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