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GeneDx Holdings Corp. (WGS) Tops Q3 Earnings and Revenue Estimates

Zacks Investment Research·
GeneDx Holdings Corp. (WGS) Tops Q3 Earnings and Revenue Estimates

GeneDx Holdings (WGS) reported quarterly earnings of $0.28 per share, significantly beating consensus estimates of $0.07, representing a 300% surprise. However, the stock has underperformed the market by 52.1% year-to-date. The company received a Zacks Rank #3 (Hold) rating with mixed estimate revisions, suggesting near-term performance in line with the market.

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