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NeoGenomics (NASDAQ:NEO) Hits New 1-Year High After Better-Than-Expected Earnings
['Danessa Lincoln']
Markets Daily
Shares of NeoGenomics, Inc. (NASDAQ:NEO – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday following a better than expected earnings announcement.
The medical research company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02.
NeoGenomics 2026 Revenue OutlookManagement now expects 2026 revenue of $802 million to $806 million, above the approximately $800.3 million analyst consensus.
Needham Raises NeoGenomics Price TargetAnalysts Set New Price TargetsSeveral equities research analysts have recently weighed in on NEO shares.
NeoGenomics Price PerformanceThe company has a current ratio of 4.42, a quick ratio of 4.06 and a debt-to-equity ratio of 0.41.