RTTNews | Oct 8, 2020 10:13AM EDT

10:13 Thursday, October 8, 2020 (RTTNews.com) - Shares of precision medicine solutions company CareDx, Inc (CDNA) are rising more than 15% Thursday morning after the company reported preliminary third-quarter revenue, 57% more than last year.

The stock touched a new high of $51.70 today morning.

CareDx expects third-quarter revenue to be about $53.0 million, an increase of 57% compared with $33.8 million last year. Analysts polled by Thomson Reuters expect the company to report revenue of $44.68 million for the quarter.

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