Strong Revenue Growth
Fourth quarter revenue grew 10% with a 14% increase in Screening revenue to $553 million. Precision oncology revenue increased slightly to $161 million.
Significant EBITDA Improvement
Adjusted EBITDA increased 52% to $75 million. Adjusted EBITDA margin expanded nearly 300 basis points.
FDA Approval and Medicare Pricing for Cologuard Plus
Secured FDA approval and Medicare pricing for Cologuard Plus, a next-generation colon cancer screening test, with a Medicare price of $592.
Positive Outlook for 2025
Guidance for 2025 anticipates total revenue between $3.025 billion and $3.085 billion, with 11% total revenue growth, including 13% in Screening.
Recognition as a Great Place to Work
Exact Sciences was recognized as a great place to work for the sixth consecutive year.
Expansion in Precision Oncology
Strong double-digit growth internationally in Precision Oncology, leveraging the Oncotype DX brand.