Dear Reader, CareDx describes itself as âa leading precision medicine company focused on the.. [afdaf3fd61bec5de782f6956499cf967c4d37d87][5ba6df09f6dbcb9ba8424d0bb0adfdd894b90fc3]
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Earnings is Upon Us, Do Not Miss This 70% Gain
CareDx describes itself as âa leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers.â
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[This strong company]( recently announced preliminary unaudited revenue for its most recent quarter.
Preliminary revenue for the three months ended September 30, 2020 is expected increase about 57% compared with the same quarter of 2019. Testing revenue for the quarter is expected to be approximately $45.2 million, compared with $28.2 million in the same period in 2019.
The companyâs CEO said, âAs a result of our strategic investments, we have been able to adapt more efficiently to meet the needs of individual transplant centers during this pandemic and to attract incredible talent to join the CareDx team.â
The optimistic outlook and earnings are a sign of good things ahead for this company, but as always, there are potential risks.
As we explain in [our latest article,]( there are strategies that can benefit from this news while considering risks of a reversal.
This strategy is one that is focused on risk and is able to limit the risk to a precise level in dollar terms. In this trade, the risk is limited to $185 based on recent market prices.
We also share details of the potential gains in this trade which is about 70%, based on actual recent market data.
You can read more about this exciting strategy and the specific trade in our latest free educational article that is [available right here..](
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