Genomic Health Q3 Loss Narrower Than Estimates, Revenue Misses; Stock Down 6%

(RTTNews) - Genomic Health Inc (GHDX) Tuesday reported third-quarter net loss of $6.3 million or $0.20 per share compared with a profit of $488 thousand or $0.02 per share last year.

Results for the 2014 quarter included non-cash charges of $5.7 million.

Revenues for the quarter were $69 million compared with $66 million in the prior year.

Analysts polled by Thomson Reuters estimated a loss of $0.22 per share on revenues of $71 million for the quarter. Analysts' estimates typically exclude special items.

Operating expenses for the quarter were $74.9 million compared with $65.5 million last year.

Genomic Health, based in Redwood City, California, provides actionable genomic information to personalize cancer treatment decisions.