BUZZ-NeoGenomics falls on quarterly sales miss

Reuters
19 Feb
BUZZ-<a href="https://laohu8.com/S/NEO">NeoGenomics</a> falls on quarterly sales miss

** Shares of cancer testing services company NeoGenomics NEO.O fall ~15% to $12.2 in morning trade

** NEO posts Q4 revenue of $172 million, missing analysts' estimates of $173.2 million, according to data compiled by LSEG

** Company reports adj. Q4 profit of 4 cents/shr, compared to analysts' estimates of 3 cents/shr

** Company forecasts net loss of $85 million to $76 million for 2025

** NEO also forecasts 2025 revenue in the range of $735 million to $745 million

** Stock down 3.2% over the past 12 months

(Reporting by Padmanabhan Ananthan)

((Padmanabhan.Ananthan@thomsonreuters.com;))

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