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GeneDx beats earnings and revenue forecasts, with CEO and CFO selling $11.3M in shares.
GeneDx, a genomics service provider, reported strong quarterly earnings of $0.70 per share, significantly above estimates of $0.04, with revenue at $95.64 million, surpassing forecasts of $82.24 million.
The company's stock opened at $111.31, with a market cap of $3.06 billion.
GeneDx's CEO and CFO recently sold shares, totaling $11.3 million in insider sales over 90 days.
Analysts have given the stock a "Moderate Buy" rating with a price target of $72.33.
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GeneDx supera las previsiones de beneficios e ingresos, con la venta de 11,3 millones de dólares por parte del CEO y el CFO.