Invitae Announces Third Quarter 2015 Financial Results and Raises 2015 Volume Guidance
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3Q Revenue Miss on InVitae (NVTA) Drives Leerink Partners to Cut Price Target to $14
November 6, 2015 10:18 AM ESTLeerink Partners maintained an Outperform rating on Invitae Corporation (NYSE: NVTA), and cut the price target to $14.00 (from $20.00), following the company's 3Q earnings report. 3Q revenue of $2.2M was 11% below consensus. Reported EPS of ($0.71) came in just under consensus of ($0.70).
Analyst Dan Leonard... More
InVitae (NVTA) Misses Q3 EPS by 1c
November 5, 2015 5:15 PM ESTInVitae (NYSE: NVTA) reported Q3 EPS of ($0.71), $0.01 worse than the analyst estimate of ($0.70). Revenue for the quarter came in at $2.2 million versus the consensus estimate of $2.55 million.
For earnings history and earnings-related data on InVitae (NVTA) click here.
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