Fulgent Reports Second Quarter 2026 Financial Results
Fulgent reported Q2 revenue of $85.4 million, up 20.1% sequentially, with a GAAP loss per share of $(1.05). The company revised full-year revenue guidance to $330.0-$340.0 million, citing processing delays related to a new billing system that are impacting collection rates.
Key figures
- Revenue
- 85400000
- Guidance
- FY revenue $330.0-$340.0 million; Non-GAAP loss $63.0-$67.0 million
- Revenue Yoy
- 4.4%
- Buyback value
- 23800000
- Cash position
- 551500000
- Buyback shares
- 1500000
- Gaap gross margin
- 30.1%
- Pending tax refund
- 106100000
- Revenue sequential growth
- 20.1%
AI analysis
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