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CareDx reports 4Q loss

BRISBANE, Calif. (AP) _ CareDx Inc. (CDNA) on Friday reported a loss of $15.5 million in its fourth quarter.

On a per-share basis, the Brisbane, California-based company said it had a loss of 73 cents. Losses, adjusted for one-time gains and costs, were 13 cents per share.

The molecular diagnostics company posted revenue of $10.9 million in the period.

For the year, the company reported that its loss widened to $39.5 million, or $2.39 per share. Revenue was reported as $40.6 million.

CareDx expects full-year revenue in the range of $45 million to $50 million.

In the final minutes of trading on Friday, the company's shares hit $1. A year ago, they were trading at $4.50.


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


Keywords: CareDx, Earnings Report