Financial PerformanceExagen's 3Q24 results were below estimates due to one-time adjustments, leading to a decrease in revenue guidance for 2024.
Revenue ExpectationsXGN missed 3Q revenue expectations largely due to a $1.2M one-time adjustment.
Stock PerformanceShares of XGN are off 9% following the company's Q3 results, where they delivered an in-line quarter on an adjusted basis, but came in a little light on a reported basis.