Laura Gris Trillo's questions to NEOGENOMICS (NEO) leadership • Q2 2025
Question
Laura Gris Trillo from Jefferies Financial Group questioned the drivers behind the 23% NGS growth, asking to distinguish between test mix shift and true market expansion, and to comment on its sustainability.
Answer
President & COO Warren Stone clarified that the majority of the 23% NGS growth is driven by true market expansion and share gains from their dedicated oncology sales specialist team. While there is a positive mix benefit from the higher AUP of NGS tests, he emphasized that the volume growth is significantly outpacing the market. He expects the launch of PANTRACER Liquid to further accelerate this trend.