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Myriad Genetics reports disappointing Q4 earnings, faces Q1 loss, and announces a new CEO, Sam Raha.
Myriad Genetics reported lower-than-expected Q4 earnings, despite revenue growth, leading to a drop in its stock price.
The company expects a loss in Q1 but maintains its forecast for fiscal 2025.
Myriad also announced leadership changes, with Sam Raha set to become the new CEO on April 30, replacing Paul Diaz.
The company, known for genetic testing and precision medicine, has a market cap of $1.04 billion and faces mixed analyst ratings.
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Myriad Genetics reporta decepcionantes ganancias de Q4, enfrenta pérdidas de Q1, y anuncia un nuevo CEO, Sam Raha.