NASDAQ$NEO

NeoGenomics Inc. · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

NeoGenomics reported an 11% increase in revenue, reaching $106 million.

NeoGenomics, Inc. reported an 11% increase in consolidated revenue to $106.0 million for the first quarter of 2020. Clinical Services revenue increased by 7.9% to $93.0 million, while Pharma Services revenue grew by 39.3% to $13.0 million. The company experienced a net loss of $7.0 million, compared to a net loss of $2.4 million in the first quarter of 2019.

  • Consolidated revenue increased 10.9% to $106.0 million.
  • Clinical Services revenue increased 7.9% to $93.0 million.
  • Pharma Services revenue increased 39.3% to $13.0 million.
  • Pharma Services backlog increased 46.5% to $147.7 million.

Headline financials

Total Revenue

$106M

Previous: $95.6M+10.9%
EPS (adj)

-$0.02

Previous: $0.07-128.6%
Average revenue per clinical test

$371.00

Previous: $368.00+0.8%
Adjusted EBITDA (non-GAAP)

$7.07M

Previous: $13.8M-48.6%
Capital Expenditures

-$4.71M

Previous: -$3.2M-47.3%
Free Cash Flow

-$11.7M

Previous: -$5.62M-107.9%
Net Income

-$6.98M

Previous: -$2.42M-187.9%
Operating Income

-$5.29M

Previous: $2.55M-307.7%
Gross Profit

$46.4M

Previous: $47.1M-1.6%
Cash & Equivalents

$86.3M

Previous: $13.2M+553.7%
Total Assets

$732M

Previous: $533M+37.3%

Revenue & EPS history

NeoGenomics · Revenue · Quarterly

$106M

Q1 2020+10.9%vs Q1 2019
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

The long-term growth outlook remains compelling and the company expects to emerge from this situation stronger than ever.

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 Q1 2020

Historical avgQ1 2020

+2.1%

Avg return

Earnings day

+3.4%

Avg return

5 days after

+2.7%

Avg return

30 days after

53%

34 / 64 earnings

Positive

+28.1%

Q3 2013

Best reaction

-34.0%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.8%+9.6%+18.4%
Q4 2025+0.5%-13.1%-28.1%
Q3 2025-2.5%-3.8%+19.4%
Q1 2025-34.0%-22.8%-26.1%
Q4 2024-13.9%-23.0%-31.1%
Q3 2024+9.3%+11.5%+21.6%
Q2 2024+16.1%+15.4%+9.7%
Q1 2024-8.3%+0.5%-8.0%
Q4 2023+14.8%+16.9%+7.5%
Q3 2023+9.6%+3.2%+19.1%
Q2 2023-6.2%-11.0%-11.3%
Q1 2023+19.2%+26.4%+13.9%
Q4 2022+18.2%+26.2%+26.4%
Q3 2022+23.1%+58.5%+70.0%
Q2 2022+16.1%+23.4%+3.6%
Q1 2022-10.1%-10.1%-18.1%
Q4 2021+11.2%+14.4%-6.0%
Q3 2021-11.1%-6.7%-34.5%
Q2 2021-4.6%-12.7%+7.7%
Q1 2021-11.6%-19.5%-14.0%
Q4 2020-4.0%+0.3%-12.5%
Q3 2020-5.0%-6.5%+9.0%
Q2 2020+1.9%+3.8%+2.4%
Q1 2020+2.4%-14.1%-8.7%
Q4 2019-5.5%-0.2%-14.3%
Q3 2019+11.3%+8.7%+23.7%
Q2 2019+0.3%+4.6%+2.0%
Q1 2019+2.9%+11.3%+2.4%
Q4 2018+4.6%+7.6%+12.5%
Q3 2018+15.0%+12.1%+3.7%
Q2 2018-1.6%-1.5%-1.9%
Q1 2018+5.2%+7.0%+21.1%
Q4 2017+12.1%+15.8%+9.9%
Q3 2017+4.2%+3.2%+12.2%
Q2 2017+2.5%+2.5%+3.5%
Q1 2017-11.6%-12.2%-13.3%
Q4 2016+1.6%+3.4%-3.2%
Q3 2016+11.6%+10.1%+29.4%
Q2 2016-1.5%-5.7%-14.4%
Q1 2016+5.8%
Q4 2015+7.7%
Q3 2015+0.7%
Q2 2015-4.6%
Q1 2015+0.0%
Q4 2014+0.5%
Q3 2014+6.0%
Q2 2014+24.2%
Q1 2014+8.9%
Q4 2013-10.6%
Q3 2013+28.1%
Q2 2013-3.5%
Q1 2013-1.1%
Q4 2012-10.9%
Q3 2012+0.0%
Q2 2012-3.5%
Q1 2011-0.6%
Q1 2012+0.0%
Q4 2011+0.6%
Q3 2011+0.0%
Q2 2011-3.4%
Q4 2010-3.7%
Q3 2010+9.1%
Q2 2010+0.0%
Q1 2010-1.4%

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