Interpace Diagnostics Group Inc (NASDAQ: IDXG)
Interpace Diagnostics Group is having an overwhelmingly strong start to the trading session today, and for good reason. The company reported earnings for the fourth quarter, showing tremendous growth. As a result, investors went into a frenzy, causing the stock to climb. As always, our partners at Trade Ideas were the first to alert us to the movement. At the moment (9:31), IDXG is trading at $3.41 per share after a gain of $0.86 per share (33.73%) thus far today.
IDXG Reports Strong Earnings
As mentioned above, Interpace Diagnostics Group is having an overwhelmingly strong start to the day today, and for good reason. The company reported earnings, which proved tremendous growth in Q4. During the quarter, the company generated $3.1 million in total revenue and earnings per share in the amount of $3.24. That’s overwhelmingly positive news considering that in Q4 of the year prior, the company reported a loss of $4.59 per share.
What We’ll Be Watching For Ahead
Moving forward, the CNA Finance team will continue to keep a close eye on IDXG. In particular, we’re interested in watching the company’s growth, as it has shown through the Q4 performance that it’s got its eyes on the top and its feet running hard! We’ll continue to follow the stock closely and bring you any news as it breaks!
What Do You Think?
Where do you think IDXG is headed moving forward? Join the discussion in the comments below or on StockTwits!
Never Miss The News Again
Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!
[Image Courtesy of Flickr]