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FLGT - Fulgent Genetics Misses Estimates But I Am Still Bullish
Fulgent Genetics Inc.
Fulgent Genetics reported earnings recently, on August 9th, 2021.
Fulgent dropped nearly 15% after the earnings report, likely due to misses on both revenue and EPS estimates.
Despite missing estimates, Fulgent had an strong quarter, showing strong growth along with other announcements that will strengthen the long-term opportunity of Fulgent.