Exagen Inc. Reports Strong Second Quarter 2024 Results: Raises Guidance due to Record Performance
XGNExagen(XGN) Newsfilter·2024-08-05 20:00

CARLSBAD, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Exagen Inc. (NASDAQ:XGN), a leading provider of autoimmune testing solutions, today reported financial results for the quarter ended June 30, 2024. Highlights: Recognized record total revenue of 15.1millioninthesecondquarterof2024.Deliveredgrossmarginof60.115.1 million in the second quarter of 2024.Delivered gross margin of 60.1% in the second quarter of 2024, compared to a gross margin of 58.7% in the second quarter of 2023. AVISE® CTD trailing twelve-month average selling price (ASP) of 401, a 25.3% increase over ...