Castle Biosciences Reports Second Quarter 2019 Results
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Castle Biosciences Inc. (CSTL) Tops Q2 EPS by 31c, Revenues Beat
September 3, 2019 4:09 PM EDTCastle Biosciences Inc. (NASDAQ: CSTL) reported Q2 EPS of ($1.05), $0.31 better than the analyst estimate of ($1.36). Revenue for the quarter came in at $10.7 million versus the consensus estimate of $7.48 million.
Q2 2019 DecisionDx-Melanoma test report volume increased 27% compared to Q2 2018Q2 2019 recognized revenues increased to $10.7 million, up from $4.0 million in Q2 2018Q2 2019 gross margin increased to 81%, up from 67% in Q2 2018We are pleased with our strong second quarter performance, including our 27% year-over-year growth in DecisionDx-Melanoma test report volume, which we believe was largely driven by our successful first quarter 2019 commercial... More
