Fulgent Genetics Inc (FLGT) Q3 2024 Earnings Call Highlights: Strategic Growth Amid Revenue Decline

By Yahoo! Finance   |   4 months ago
Fulgent Genetics Inc (FLGT) Q3 2024 Earnings Call Highlights: Strategic Growth Amid Revenue Decline

Brandon Perthuis, Chief Commercial Officer, discusses the $99 million VA contract's phased contribution over five years, expecting significant input by 2025. Paul Kim, CFO, notes improved gross margins at 40%, with SG&A favorably impacted and R&D spending varying with program activities.

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