Fulgent Genetics, Inc. (FLGT) Surpasses Q3 Earnings and Revenue Estimates
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Fulgent Genetics, Inc. (FLGT) reported Q3 earnings of $0.31 per share, surpassing the Zacks Consensus Estimate of a loss of $0.19 per share. This marks a significant improvement from a loss of $0.39 per share a year ago.
November 08, 2024 | 2:30 pm
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Fulgent Genetics reported better-than-expected Q3 earnings of $0.31 per share, significantly outperforming the expected loss of $0.19 per share. This is a notable improvement from the previous year's loss.
The company's earnings exceeded expectations, which is likely to positively impact the stock price in the short term. The significant improvement from the previous year's loss further strengthens investor confidence.
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