By Connor Hart
Shares of Adaptive Biotechnologies climbed after the company reported preliminary fourth-quarter and full-year results.
The stock rose 14% to $18 in premarket trading Monday. Through Friday's close, shares have more than doubled over the past year.
The biotechnology company said before the bell that it expects to report fourth-quarter revenue of $72 million, up 51% from a year earlier. Analysts polled by FactSet were expecting revenue of $59.3 million.
For the year, revenue is projected to come in at $277 million, marking a 55% increase from 2024. Wall Street had modeled full-year revenue of $264.7 million.
Chief Executive Chad Robins called 2025 a pivotal year for the company. Looking ahead, the company expects sales of ClonoSEQ--which helps doctors detect, quantify and monitor small amounts of cancer known as measurable residual disease, or MRD--to continue to accelerate, advancing its leadership in MRD testing, he added.
The company plans to release its complete fourth-quarter and full-year results during an earnings call next month.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
January 12, 2026 08:27 ET (13:27 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments