NASDAQ$NEO

NeoGenomics Inc. · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

NeoGenomics experienced flat revenue year-over-year, excluding COVID-19 PCR testing revenue, consolidated revenue increased 7%.

NeoGenomics, Inc. reported fourth quarter consolidated revenue of $126 million, which was flat compared to the fourth quarter of 2020. Excluding COVID-19 PCR testing, consolidated revenue increased year-over-year by 7%. The company's net loss for the quarter was $42 million, compared to net income of $15 million in the fourth quarter of 2020.

  • Full year 2021 consolidated revenue increased 9% year-over-year; excluding COVID-19 PCR testing revenue, consolidated revenue increased 16%.
  • Fourth quarter consolidated revenue was flat year-over-year; excluding COVID-19 PCR testing revenue, consolidated revenue increased 7%.
  • Inivata Limited received the CE mark for its RaDaR™ assay in January 2022.
  • Inivata submitted to the MolDX program in the United States for the reimbursement of RaDaR™ for clinical testing.

Headline financials

Total Revenue

$126M

Previous: $126M-0.2%
EPS (adj)

-$0.14

Previous: $0.14-200.0%
Average revenue per clinical test

$383.00

Previous: $369.00+3.8%
Gross profit margin (GAAP)

36.0%

No prior period
Adjusted EBITDA (non-GAAP)

-$9.79M

Previous: $18M-154.4%
Number of tests performed

271.8K

No prior period
Net Income

-$41.8M

Previous: $15M-378.4%
Operating Income

-$41.6M

Previous: $5.54M-850.4%
Gross Profit

$45.3M

Previous: $57.5M-21.2%
Cash & Equivalents

$317M

Previous: $229M+38.5%
Total Assets

$1.87B

Previous: $988M+89.2%

Revenue & EPS history

NeoGenomics · Revenue · Quarterly

$126M

Q4 2021-0.2%vs Q4 2020
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Forward guidance

The Company also issued 2022 guidance(3) today (in millions). GuidanceConsolidated revenue$530 - $550Net loss$(133) - $(118)Adjusted EBITDA$(40) - $(25)

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 2021

Historical avgQ4 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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