Here is how Guardant Health (GH) and Collegium Pharmaceutical (COLL) have performed compared to their sector so far this year.
Guardant Health, Inc.'s Shield ADLT reimbursement, Quest, and guidance raise show good adoption momentum. These positives keep me bullish on GH stock. Their oncology business remains the revenue anchor. Biopharma & Data also came in with good margins and provided some diversification. GH's recent Q3 report showed growing revenues, more Shield tests, and, ex-Screening, they became cash flow positive earlier than expected.
Guardant Health delivered extremely robust Q3 results and raised full-year guidance, with Reveal and Shield beginning to make material contributions. Guardant's therapy selection and biopharma businesses also remain strong. While GH is burning cash, this is in support of the screening business' rapid expansion. The company is now on a clear path to breakeven in the next few years.
| Professional Services Industry | Industrials Sector | Helmy Eltoukhy CEO | XFRA Exchange | US40131M1099 ISIN |
| US Country | 1,999 Employees | - Last Dividend | - Last Split | 4 Oct 2018 IPO Date |
Guardant Health, Inc. is a pioneer in the precision oncology field, dedicated to enhancing cancer management through a comprehensive portfolio of blood and tissue tests, expansive data sets, and sophisticated analytics. Operating both within the United States and internationally, this company leverages cutting-edge technology to transform cancer care, making it more personalized and effective. Since its establishment in 2011, Guardant Health has been at the forefront of innovation in oncology, partnering with key industry players like Illumina, Inc., to push the boundaries of cancer research and treatment further.