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Exact Sciences Corp. (EXAS): Q4 2019 Earnings Snapshot

— Exact Sciences Corp. (NASDAQ: EXAS) reported Q4 2019 earnings of $0.54 per share, vs. a loss of $0.35 expected. — Total revenues were $295.6 million, vs. $283 million expected. — Screening revenues increased 60% to $229.4 million. — Cologuard test volume rose 63% to 477,000. — Average Cologuard recognized revenue per test was $481. […]

$EXAS February 11, 2020 1 min read
NYSE
$EXAS · Earnings

— Exact Sciences Corp. (NASDAQ: EXAS) reported Q4 2019 earnings of $0.54 per share, vs. a loss of $0.35 expected. — Total revenues were $295.6 million, vs. $283 million expected. — Screening revenues increased 60% to $229.4 million. — Cologuard test volume rose 63% to 477,000. — Average Cologuard recognized revenue per test was $481. […]

· February 11, 2020

— Exact Sciences Corp. (NASDAQ: EXAS)
reported Q4 2019 earnings of $0.54 per share, vs. a loss of $0.35 expected.

— Total revenues were $295.6 million, vs. $283 million
expected.

— Screening revenues increased 60% to $229.4 million.

— Cologuard test volume rose 63% to 477,000.

— Average Cologuard recognized revenue per test was $481.

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— Average Cologuard cost per test was $123.

— Precision Oncology proforma revenue increased 14% to
$119.1 million.

— FY2020 consolidated revenue is expected to be $1.61-1.64
billion.

— FY2020 Screening revenue is expected to be $1.125-1.15
billion.

— FY2020 Precision Oncology revenue is expected to be $485-495
million.

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— EXAS shares gained 1.2% immediately following the
announcement.

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