EFTA01462124.pdf
👁 1
💬 0
📄 Extracted Text (255 words)
From: Tazia Smith
Sent:
To:
CC: ; Vahe Stepanian J; Matt Glassman
Subject:
Attachments: pic12199.gif; pic24071.gif
Classification: Confidential
Good Morning Rich -
As you saw, Fma reported Q2 EPs of ($0.49) vs ($0.48) consensus. The company
beat on the topline with 514.5m of Q2 revenues (vs 413.4m cons) and boasted
263% yoy growth in clinical tests (5,908). The company reiterated it's full
year guidance, which was at the low-end vs. consensus: 552-58M FY Rev
guidance vs S58.0M cons, and clinical tests in the range of 22k-25k for
full-year.
As you know, DB doesn't cover the name, but competitors have published this
morning and broadly reiterated netural to bullish outlooks, 528-48 price
targets. one competitor lowers its target to S31 (from S33), but suggests
guidance is reasonable, leadership in clinical data, catalysts including NY
state approval, and long-term plans for new capabilities that should broaden
the company's overall platform.
The stock opens this morning at 524.02 vs a $25.65, on very very light volume,
trying to find it's footing post yesterday's gains.
Recall that the company is scheduled to present today at 12:45 ET in NYC at an
industry conference.
Best Regards,
Tazia
Source: Streetaccount, Bloomberg, 8/13/14.
(Embedded image moved to file: pic12199.gif)
Tazia smith
Director I Key Client Partners - US
DB securities Inc
Deutsche Asset & wealth Management
345 Park Avenue, 10154-0004 New York, NY, USA
Tel. +1(212)454-2889
Fax +1(646)257-3131
Mobile +1 (917)327-4107
Email [email protected]
(Embedded image moved to file: pic24071.gif)
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0124507
CONFIDENTIAL SDNY_GM_00270691
EFTA01462124
ℹ️ Document Details
SHA-256
6742eedf956869ec666274e5af670d467250f5eb95abb6f74b12be30e2c1f56b
Bates Number
EFTA01462124
Dataset
DataSet-10
Type
document
Pages
1
💬 Comments 0