EarningsWGS generated a strong fourth-quarter performance with revenue of $95M, which is a 64% year-over-year increase and a 24% quarter-over-quarter increase, beating expectations.
Market PositionGeneDx is regarded as the dominant market leader in rare disease and whole exome testing, and the company is well positioned to increase its market penetration for many years to come.
Product InnovationThe introduction of ultraRapid Whole Genome Sequencing offers a competitive advantage and could increase adoption in the NICU market.