Biodesix Announces Fourth Quarter and Fiscal Year 2024 Results
Portfolio Pulse from
Biodesix reported a 45% increase in total revenue for FY2024, reaching $71.3 million, with gross margins improving by 5 percentage points to 78%. The company projects FY2025 revenue between $92-95 million.
March 03, 2025 | 9:15 pm
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Biodesix reported strong FY2024 results with a 45% revenue increase and improved gross margins. The company provided an optimistic FY2025 revenue guidance.
The significant revenue growth and improved gross margins indicate strong financial performance. The positive revenue guidance for FY2025 suggests continued growth, likely boosting investor confidence and positively impacting the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100