Co-Diagnostics, Inc.

Equities

CODX

US1897631057

Advanced Medical Equipment & Technology

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-22 pm EDT			5-day change	1st Jan Change
1.09 ^USD	-0.91%		-2.68%	-18.05%

May. 13	HC Wainwright Adjusts Price Target on Co-Diagnostics to $2 From $2.50, Maintains Neutral Rating	MT
May. 09	Transcript : Co-Diagnostics, Inc., Q1 2024 Earnings Call, May 09, 2024

Co-Diagnostics, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024

May 09, 2024 at 04:06 pm EDT

Co-Diagnostics, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 0.252745 million compared to USD 0.601957 million a year ago. Revenue was USD 0.467854 million compared to USD 0.601957 million a year ago.

Net loss was USD 9.31 million compared to USD 5.76 million a year ago. Basic loss per share from continuing operations was USD 0.31 compared to USD 0.2 a year ago. Diluted loss per share from continuing operations was USD 0.31 compared to USD 0.2 a year ago.

Latest news about Co-Diagnostics, Inc.

HC Wainwright Adjusts Price Target on Co-Diagnostics to $2 From $2.50, Maintains Neutral Rating	May. 13	MT
Transcript : Co-Diagnostics, Inc., Q1 2024 Earnings Call, May 09, 2024	May. 09
Co-Diagnostics, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 09	CI
Co-Diagnostics, Inc. Inaugurates New Manufacturing Facility in Utah with Ribbon Cutting Event	Apr. 12	CI
Co-Diagnostics, Inc. Appoints Executive Appointments	Apr. 04	CI
Co-Diagnostics, Inc. Appoints Richard Abbott as President	Mar. 15	CI
Transcript : Co-Diagnostics, Inc., Q4 2023 Earnings Call, Mar 14, 2024	Mar. 14
Tranche Update on Co-Diagnostics, Inc.'s Equity Buyback Plan announced on March 15, 2022.	Mar. 14	CI
Co-Diagnostics, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 14	CI
Co-Diagnostics Gets Approval From India's Central Drugs Standard Control Organization For Manufacturing, Sale of Influenza Multiplex Test	Mar. 07	MT
Co-Diagnostics Submits PCR COVID-19 Test and PCR Pro Instrument for FDA Review	Dec. 27	MT
Co-Diagnostics Shares Rise 21% After Submitting FDA Application For Covid-19 Test Platform	Dec. 27	DJ
Co-Diagnostics, Inc. Completes Submission to FDA for Co-Dx PCR Pro	Dec. 27	CI
HC Wainwright Adjusts Price Target on Co-Diagnostics to $3 From $2, Maintains Neutral Rating	Nov. 13	MT
Transcript : Co-Diagnostics, Inc., Q3 2023 Earnings Call, Nov 09, 2023	Nov. 09
Earnings Flash (CODX) CO-DIAGNOSTICS Reports Q3 Revenue $2.5M	Nov. 09	MT
Tranche Update on Co-Diagnostics, Inc.'s Equity Buyback Plan announced on March 15, 2022.	Nov. 09	CI
Co-Diagnostics, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 09	CI
Co-Diagnostics, Inc.(NasdaqCM:CODX) dropped from S&P Global BMI Index	23-09-18	CI
Co-Diagnostics, Inc. Appoints Ivory Chang as Chief Regulatory Affairs Officer	23-08-29	CI
HC Wainwright Adjusts Price Target on Co-Diagnostics to $2 From $3, Keeps Neutral Rating	23-08-14	MT
Transcript : Co-Diagnostics, Inc., Q2 2023 Earnings Call, Aug 10, 2023	23-08-10
Tranche Update on Co-Diagnostics, Inc.'s Equity Buyback Plan announced on March 15, 2022.	23-08-10	CI
Co-Diagnostics, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-10	CI
Earnings Flash (CODX) CO-DIAGNOSTICS Posts Q2 Revenue $0.2M	23-08-10	MT

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Company Profile

Co-Diagnostics, Inc. is a molecular diagnostics company, which develops, manufactures and markets diagnostics technologies. The Companyâs technologies are utilized for tests that are designed using the detection and/or analysis of nucleic acid molecules (DNA or RNA). The Company also uses its proprietary technology to design specific tests for its Co-Dx PCR platform and to locate genetic markers for use in applications other than infectious disease. Its diagnostics systems enable dependable, low-cost, molecular testing for organisms and genetic diseases by automating or simplifying historically complex procedures in both the development and administration of tests. It is developing a portable diagnostic device and test system designed for point-of-care and at-home use. The system consists of its PCR instrument that it refers to as the Co-Dx PCR Pro instrument, its proprietary diagnostic test cup system and a mobile application to be installed on the userâs mobile device.

Sector

Advanced Medical Equipment & Technology

Calendar

2024-08-07 - Q2 2024 Earnings Release (Projected)

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

1.09 USD

Average target price

2.5 USD

Spread / Average Target

+129.36%

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Sector Medical Diagnostic & Testing Equipment

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Medical Diagnostic & Testing Equipment