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CareDx: 3Q Earnings Snapshot

BRISBANE, Calif. (AP) _ CareDx Inc. (CDNA) on Thursday reported a loss of $1.8 million in its third quarter.

On a per-share basis, the Brisbane, California-based company said it had a loss of 4 cents. Earnings, adjusted for one-time gains and costs, were 2 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The molecular diagnostics company posted revenue of $33.8 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $33 million.

CareDx expects full-year revenue in the range of $124 million to $125 million.

CareDx shares have risen slightly more than 4% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $26.21, rising slightly in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CDNA at https://www.zacks.com/ap/CDNA