Myriad Genetics (NASDAQ: MYGN) updates 2025 volumes, 2026 outlook
Rhea-AI Filing Summary
Myriad Genetics, Inc. reported preliminary operating trends for 2025 and introduced financial guidance for full year 2026. In a new press release, the company outlined early revenue figures for the quarter and year ended December 31, 2025 and shared its initial outlook for 2026.
For 2025, Myriad expects total test volumes of approximately 1.5 million, a 1% year-over-year increase. This reflects about 7% growth in hereditary cancer testing and 6% growth in mental health testing, partially offset by roughly a 4% decline in prenatal health testing. All financial figures are described as preliminary and remain subject to normal year-end accounting procedures and external audit, and the company includes standard cautionary language regarding forward-looking statements.
Positive
- None.
Negative
- None.
FAQ
What did Myriad Genetics (MYGN) disclose in this 8-K filing?
Myriad Genetics disclosed that it issued a press release with preliminary revenue for the quarter and full year ended December 31, 2025, introduced full year 2026 financial guidance, and provided selected test volume metrics for 2025.
How many diagnostic tests did Myriad Genetics expect to run in 2025?
The company expects total test volumes of approximately 1.5 million for full year 2025, representing a 1% year-over-year increase.
How did Myriad Genetics’ main testing categories perform in 2025?
For 2025, Myriad Genetics expects about 7% year-over-year growth in hereditary cancer testing volume, about 6% growth in mental health testing volume, and roughly a 4% year-over-year decrease in prenatal health testing volume.
Did Myriad Genetics provide financial guidance for 2026?
Yes. The company stated that it introduced full year 2026 financial guidance in its press release furnished as Exhibit 99.1.
Are the 2025 financial and volume figures from Myriad Genetics final?
No. The company described these as preliminary financial results that are subject to its normal quarter and year-end accounting procedures and external audit, and therefore may change.
Where can investors find more detail on Myriad Genetics’ preliminary 2025 results?
Additional details are contained in the press release furnished as Exhibit 99.1 to the 8-K, which is incorporated by reference into the disclosure, though not deemed "filed" for certain liability purposes.
Does this Myriad Genetics filing include forward-looking statements?
Yes. The company notes that, aside from historical information, the disclosure and Exhibit 99.1 contain forward-looking statements and includes a cautionary note referencing risks and uncertainties that could cause actual results to differ materially.