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Exact Sciences — Jul 31, 2024 release

Fiscal 2024 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001124140-24-000067
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Precision Oncology
“$655 - $675 million”
Period
FY2024
Measure
Company-defined measure
Source
Prose
All guidance in this release · 5
Adjusted EBITDA midpoint raise for FY2024
“$8M”
Total revenue for FY2024
“$2.810 - $2.850 billion”
Screening for FY2024
“$2.155 - $2.175 billion”
Precision Oncology for FY2024
“$655 - $675 million”
Adjusted EBITDA for FY2024
“$335 - $355 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
2024 outlook The Company has maintained its full-year 2024 revenue guidance and raised its full-year 2024 adjusted EBITDA guidance: Prior guidance July 31 update Total revenue $2.810 - $2.850 billion $2.810 - $2.850 billion Screening $2.155 - $2.175 billion $2.155 - $2.175 billion Precision Oncology $655 - $675 million $655 - $675 million Adjusted EBITDA $325 - $350 million $335 - $355 million Second-quarter 2024 conference call & webcast Company management will host a conference call and webcast on Wednesday, July 31, 2024, at 5 p.m. ET to discuss second-quarter 2024 results. The webcast will be available at exactsciences.com. Domestic callers should dial 888-330-2384 and international callers should dial +1-240-789-2701. The access code for both domestic and international callers is 4437608. A replay of the webcast will be available at exactsciences.com. The webcast, conference call, and replay are open to all interested parties. Non-GAAP disclosure In addition to the Company’s financial results determined in accordance with U.S. GAAP, the Company provides non-GAAP measures that it determines to be useful in evaluating its operating performance and liquidity. The Company presents core revenue, non-GAAP gross margin, non-GAAP gross profit, adjusted EBITDA, adjusted EBITDA margin, adjusted cost of sales (exclusive of amortization of acquired intangible assets), adjusted research and development expenses, adjusted sales and marketing expenses, adjusted general and administrative expenses, adjuste
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.