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MDxHealth SA Ordinary Shares - $MDXH STOCK NEWS

Welcome to our dedicated page for MDxHealth SA Ordinary Shares news (Ticker: $MDXH), a resource for investors and traders seeking the latest updates and insights on MDxHealth SA Ordinary Shares stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MDxHealth SA Ordinary Shares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MDxHealth SA Ordinary Shares's position in the market.

Rhea-AI Summary

MDxHealth reported a 35% increase in year-over-year Q1 revenues to $19.8 million and raised its 2024 revenue guidance to $83-85 million. The company closed a new debt facility with OrbiMed, increasing its balance sheet flexibility. The CEO highlighted successful execution of growth strategy, strong demand for tests, and solid financial performance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.8%
Tags
none
-
Rhea-AI Summary
MDxHealth introduces a hereditary prostate cancer genetic test to its prostate cancer offering, aiming to provide insights into cancer risk, disease progression, and treatment response. The test is non-invasive and uses a simple saliva sample, aligning with NCCN guidelines and covered by Medicare. CEO believes the addition will drive revenue growth in the second half of the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10%
Tags
none
-
Rhea-AI Summary
MDxHealth reports strong financial results for Q4 and full-year 2023, with revenue growing by 89% to $70.2 million. Gross margin expanded by 10.7 percentage points. The company aims for adjusted EBITDA profitability in the first half of 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.43%
Tags
Rhea-AI Summary
MDxHealth will announce its Q4 and full-year 2023 financial results on March 6, 2024, followed by a conference call with live Q&A. The company's CEO and CFO will lead the call, providing insights into the financial performance and corporate updates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.56%
Tags
conferences earnings
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.31%
Tags
none
MDxHealth SA Ordinary Shares

Nasdaq:MDXH

MDXH Rankings

MDXH Stock Data

84.87M
17.00M
2.63%
40.3%
0.06%
Research and Development in Biotechnology
Professional, Scientific, and Technical Services
Link
United States of America
Herstal