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Castle expects FY24 revenue to meet or exceed top end of $320M-$330M guidance
The Fly

Castle expects FY24 revenue to meet or exceed top end of $320M-$330M guidance

Consensus $325.99M. Year-end 2024 cash and cash equivalents are expected to be approximately $120M. Additionally, the company estimates that it held approximately $173M in marketable investment securities as of year-end 2024. “Our strong fourth quarter performance underscores continued momentum built throughout 2024, reflecting the strength of our growth initiatives and the dedication of our team,” said Derek Maetzold, president and chief executive officer of Castle Biosciences (CSTL). “As a result, we expect to meet or exceed the top end of our full-year 2024 revenue guidance of $320-330 million. This achievement reflects our commitment to delivering value to our stockholders while advancing our mission of improving health through innovative tests that guide patient care.”

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