Welcome to our dedicated page for GeneDx Holdings news (Ticker: $WGS), a resource for investors and traders seeking the latest updates and insights on GeneDx Holdings stock.
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GeneDx Holdings Corp. (Nasdaq: WGS) reported first quarter 2024 revenue of $61.5M with 96% year-over-year growth in exome and genome test revenue. Expanded adjusted gross margins to 61%, narrowed adjusted net loss to $8.5M, and raised guidance to $235-$245M for FY 2024 revenue. GeneDx aims for profitability in 2025, showcasing a strong performance and strategic initiatives.
