Tycho Peterson's questions to Neogenomics Inc (NEO) leadership • Q1 2025
Question
Speaking for Tycho Peterson of Jefferies, an analyst asked if macro uncertainties like tariffs and funding headwinds could impact clinical oncology volumes or ASPs. He also questioned if the vacating of the LDT final rule provides any incremental upside to margin expansion targets.
Answer
CEO Anthony Zook stated that he does not expect macro factors to impact clinical volumes, as cancer patients will continue to require care. CFO Jeff Sherman explained that the company does not expect a material change to its guidance from the LDT rule update, as they had already been basing new products on a design control framework and the expected costs in the near term were not material.