NEW YORK (GenomeWeb) – Although Myriad Genetics' forecasted revenues for fiscal year 2017 fell short of Wall Street's expectations, the company yesterday outlined its plan for diversifying its product portfolio and achieving long-term growth.

The company reported FY2016 revenues of $753.8 million, a 4 percent increase from the prior year, and said it is expecting revenues of between $740 million to $760 million in FY2017. Analysts were expecting $755.5 million in revenues for FY2016 and had modeled $788.9 million for the coming 12 months. 

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Jan
30
Sponsored by
Loop Genomics

This webinar will provide a comparison of several next-generation sequencing (NGS) approaches — including short-read 16S, whole-genome sequencing (WGS), and synthetic long-read sequencing technology — for use in microbiome research studies.

Jan
30
Sponsored by
Loop Genomics

This webinar will provide a comparison of several next-generation sequencing (NGS) approaches — including short-read 16S, whole-genome sequencing (WGS), and synthetic long-read sequencing technology — for use in microbiome research studies.