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Burning Rock Biotech Q2 2023 Earnings Report

Burning Rock Biotech logo
$6.58 +0.43 (+6.99%)
(As of 12/20/2024 05:15 PM ET)

Burning Rock Biotech EPS Results

Actual EPS
-$1.80
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Burning Rock Biotech Revenue Results

Actual Revenue
$20.17 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Burning Rock Biotech Announcement Details

Quarter
Q2 2023
Time
N/A

Conference Call Resources

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Burning Rock Biotech Earnings Headlines

Burning Rock Biotech’s Strategic Growth and Financial Results
Wall Street Icon: “You must get on the right side of this thing”
I created one of the first quantitative analysis-based stock picking systems long before "quants" became a thing on Wall Street… leading Forbes to call me "King of the Quants." I'm writing to you today because my system has recently uncovered a market phenomenon I haven't seen in 30 years.
Burning Rock Biotech Schedules AGM for December 2024
Burning Rock Reports Third Quarter 2024 Financial Results
See More Burning Rock Biotech Headlines
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About Burning Rock Biotech

Burning Rock Biotech (NASDAQ:BNR) primarily develops and commercializes cancer therapy selection tests in the People's Republic of China. It operates in three segments: Central Laboratory Business, In-Hospital Business, and Pharma Research and Development Services. The company primarily offers next-generation sequencing-based tissue and liquid biopsy cancer therapy selection and prognosis prediction tests for various range of cancer types, including lung cancer, gastrointestinal cancer, prostate cancer, breast cancer, lymphomas, thyroid cancer, colorectal cancer, ovarian cancer, pancreatic cancer, and bladder cancer using tissue and liquid biopsy samples. Its principal products include OncoCompass IO, a corresponding test for liquid biopsy samples; OncoScreen IO, a pan-cancer test for tissue samples; and OncoCompass Target, a ctDNA liquid biopsy-based test for NSCLC. In addition, the company provides ColonCore for assessing microsatellite loci related to MSI status and detecting mutations in genes associated with gastrointestinal cancers; and brPROPHET, a pre-operative ctDNA detection and post-operative MRD calling for relapsed patients. Further, it has development and commercialization agreement with Myriad Genetics, Inc. to in-license Myriad myChoice tumor testing in China; licensing agreement with Oncocyte Corporation to in-license DetermaRx, a risk stratification test for early stage lung cancer patients in China; and collaborations on clinical trials and research studies with AstraZeneca, Bayer, Johnson & Johnson, CStone, BeiGene, Abbisko Therapeutics, and IMPACT Therapeutics and Merck KGaA. Additionally, the company offers OncoMaster, an automatic NGS data analysis and report interpretation machine for in-hospital model. Burning Rock Biotech Limited was incorporated in 2014 and is headquartered in Guangzhou, China.

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