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Guardant Health: 3Q Earnings Snapshot

REDWOOD CITY, Calif. (AP) _ Guardant Health Inc. (GH) on Thursday reported a loss of $12.8 million in its third quarter.

On a per-share basis, the Redwood City, California-based company said it had a loss of 14 cents.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 39 cents per share.

The provider of oncology testing services posted revenue of $60.8 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $45.7 million.

Guardant Health expects full-year revenue in the range of $202 million to $207 million.

Guardant Health shares have increased 71% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $64.20, a rise of 74% in the last 12 months.


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