Fulgent Reports First Quarter 2025 Financial Results
1. Fulgent Genetics reported Q1 2025 revenue of $73.5 million with a 16% year-over-year growth. 2. Despite revenue growth, GAAP loss was $11.5 million per share at ($0.37).
1. Fulgent Genetics reported Q1 2025 revenue of $73.5 million with a 16% year-over-year growth. 2. Despite revenue growth, GAAP loss was $11.5 million per share at ($0.37).
Despite a revenue increase, the GAAP loss suggests financial instability for FLGT, reminiscent of prior downturns following similar losses.
Financial results, particularly those showing a GAAP loss, typically have significant influence on stock price.
The immediate loss reported could negatively affect investor sentiment, but revenue growth indicates potential for recovery in the near term.