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FLGT News and Press, Fulgent Genetics Inc. From 05/06/21

Stock Information

Company Name: Fulgent Genetics Inc.
Stock Symbol: FLGT
Market: NASDAQ
Website: fulgentgenetics.com

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FLGT - Fulgent Genetics Reports Record First Quarter Financial Results

First Quarter 2021 Results : Record Revenue of $359.4 million, growing more than 4,500% year-over-year Record Billable tests delivered approximately 3.8 million, or 290 times the volume of first quarter of 2020 Gross Margin improved approximately 32 percentage points y...

FLGT - Fulgent Genetics names new chief medical officer

Fulgent Genetics ([[FLGT]] -4.0%) appoints of Lawrence Weiss, M.D. as Chief Medical Officer, reporting to the CEO, Ming Hsieh. Dr. Weiss will be responsible for expanding Fulgent’s reach in molecular diagnostics and driving the advancement of the Company’...

FLGT - Fulgent Genetics Q1 2021 Earnings Preview

Fulgent Genetics (NASDAQ:FLGT) is scheduled to announce Q1 earnings results on Thursday, May 6th, after market close.The consensus EPS Estimate is $5.70 (+19100.0% Y/Y) and the consensus Revenue Estimate is $321.51M (+4048.5% Y/Y).Over the last 2 years, FLGT has beaten EPS estimates 75% of th...

FLGT - Why Shares of Fulgent Genetics Fell 20% in April

Shares of genetic testing company Fulgent Genetics (NASDAQ: FLGT) fell 20% in April, according to data from S&P Global Market Intelligence . Although that is up 475% from the beginning of 2020, the drop leaves the stock down 60% from its highs in February. Image ...

FLGT - The Boyar Value Group's Q1 2021 Letter

The Boyar Value Fund seeks long-term capital appreciation, which it pursues by investing primarily in equity securities of companies that are believed by the Fund's investment adviser to be intrinsically undervalued. Toward the end of the quarter, we saw one of the largest financial i...

FLGT - 2 Numbers That Explain How This Hypergrowth Company Can Make You Rich

Most strategy textbooks tell entrepreneurs they must choose between differentiating themselves with a superior product, great service, or the lowest cost to customers. That trade-off made more sense before software offered a way to achieve it all. Fulgent Genetics (NASDAQ: FLG...

FLGT - 3 Healthcare Stocks About to be Bolstered by Biden's American Rescue Plan

The American Rescue Plan stimulus package includes $10 billion to be distributed to support COVID-19 testing in schools, plus another $2.5 billion to help state and local public health agencies increase testing in underserved and high-risk communities. And that's not all: Another $4 billion...

FLGT - 2 Unsustainable Growth Stocks to Avoid

In a perfect world, companies classified as growth stocks would steadily improve their sales and earnings year after year, making no amount too expensive for their stock price. However, what ends up happening is that such companies often lose their trajectory due to a changing market or a...

FLGT - Fulgent Genetics' CEO Just Told Investors To Look Out For An Acquisition

The conference calls that follow a company's earnings report are rarely eventful. Usually, a few executives make a statement summarizing the performance of the business and then analysts ask questions. Occasionally, a comment will give shareholders insight into what the leadership team is r...

FLGT - Fulgent Genetics: Interesting Investment Opportunity

COVID has fully transformed this business. But investors need to answer what the underlying business, non-COVID revenue, looks like. Investors have no visibility into the profit margins of its non-COVID business. The stock appears to be cheap, but a lot of question marks remain as...

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