Myriad Genetics Inc

MYGN: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Myriad Genetics Reports Strong Fourth-Quarter Results; Maintaining $18.50 Fair Value Estimate

Karen Andersen ,

Mar 1, 2023

Myriad Genetics reported a strong fourth quarter, growing revenue 11% year over year, with solid full-year results slightly higher than our 2022 projections. Quarterly results were driven by hereditary cancer and pharmacogenomics volume growth of 16% and 23%, respectively, while Myriad saw reported revenue decline of 2% for the full year. We maintain our fair value estimate of $18.50, and shares appear fairly valued.

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Myriad Genetics Inc

Myriad Genetics Reports Strong Fourth-Quarter Results; Maintaining $18.50 Fair Value Estimate

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