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FLGTBearishEarningsnews
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Fulgent Genetics, Inc. (FLGT) Reports Q1 Loss, Misses Revenue Estimates

May 3, 2024, 9:32 AM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- Fulgent Genetics reported a quarterly loss of $0.01 per share, beating estimates by 96.97%. - Revenues were $64.49 million, missing estimates by 1.90%. - The stock has underperformed the market, with a Zacks Rank of #3 (Hold). Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Fulgent Genetics reported a quarterly loss of $0.01 per share, beating estimates by 96.97%.
  • Revenues were $64.49 million, missing estimates by 1.90%.
  • The stock has underperformed the market, with a Zacks Rank of #3 (Hold).

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