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Myriad Genetic

MYGN

3.8906.04% ( -0.250 )
Closed: Sep 18, 16:00:00 (EDT)
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Q2 FY2026 EarningsQ2 FY2026 results missed consensus across all key metrics, with revenue of $190.7M vs. $206.0M expected and a GAAP EPS loss of $0.46 vs. $0.267 expected. The top-line miss was exacerbated by an $11.0M negative revenue adjustment for prior-period tests and a significant 15% decline in revenue per test within the Cancer Care segment. Operating loss widened to $38.9M, far exceeding the projected $1.85M loss, driven by aggressive Sales and Marketing expansion (+16% YoY) despite shrinking revenues. Continued reimbursement pressure and volume declines in the Prenatal segment (-9% YoY) underscore significant fundamental headwinds.

Financial report interval: 2026.03.30 - 2026.06.30

Overview: Myriad Genetic(MYGN) the Revenue is 190.7 M (-10.51%), Miss estimate;the EBIT is -21.7 M (-352.3%), Miss estimate;the EPS is -0.46 (+87.11%), Miss estimate.

Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.19B10.51%
0.21B3.32%
-0.02B7.19%
EBITMiss expectations
-0.02B352.33%
-0.00B121.51%
-0.02B230.82%
EPSMiss expectations
-0.4687.11%
-0.266792.53%
-0.19335.42%

Revenue

ActualEstimateUnit: USD
qf

EBIT

ActualEstimateUnit: USD
qf

Net income

ActualEstimateUnit: USD
qf

EPS

ActualEstimateUnit: USD
qf