NASDAQ$NEO

NeoGenomics Inc. · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

NeoGenomics reported revenue growth and strategic acquisitions.

NeoGenomics reported a 9% increase in consolidated revenue to $116 million for the first quarter of 2021. The company completed the acquisition of Trapelo Health in April and announced the acquisition of Inivata. However, the company's net loss increased to $22 million, and adjusted EBITDA decreased to $4 million.

  • Consolidated revenue increased by 9% to $116 million.
  • Clinical Services revenue increased by 4% to $96 million.
  • Pharma Services revenue increased by 46% to $19 million.
  • Completed the acquisition of Trapelo Health in April.

Headline financials

Total Revenue

$116M

Previous: $106M+9.0%
EPS (adj)

-$0.04

Previous: -$0.02-100.0%
Average revenue per clinical test

$364.00

Previous: $371.00-1.9%
Gross profit margin (GAAP)

36.0%

No prior period
Adjusted EBITDA (non-GAAP)

$4M

Previous: $7.07M-43.5%
Number of tests performed

260.9K

No prior period
Capital Expenditures

-$15.8M

Previous: -$4.71M-236.3%
Free Cash Flow

-$37.9M

Previous: -$11.7M-224.7%
Net Income

-$22.1M

Previous: -$6.98M-216.9%
Operating Income

-$15.1M

Previous: -$5.29M-185.4%
Gross Profit

$41.6M

Previous: $46.4M-10.3%
Cash & Equivalents

$612M

Previous: $86.3M+609.5%
Total Assets

$1.49B

Previous: $732M+104.1%

Revenue & EPS history

NeoGenomics · Revenue · Quarterly

$116M

Q1 2021+9%vs Q1 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

The company issued 2021 guidance with consolidated revenue between $490 million and $510 million, net loss between $(70) million and $(65) million, and adjusted EBITDA between $10 million and $15 million.

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 2021

Historical avgQ1 2021

+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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