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Myriad Genetics raises 2026 revenue outlook amid Prenatal Health sale and AI-driven efficiency gains

Market News
07 Nov 2026, 04:04 WIB
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Bullish
Myriad Genetics raises 2026 revenue outlook amid Prenatal Health sale and AI-driven efficiency gains

Myriad Genetics increased its 2026 revenue forecast midpoint to $785 million, citing higher revenue per test that offsets expected softness in its Prenatal Health segment. The company attributes reimbursement challenges mainly to more zero-pay outcomes and denials, not contract or policy changes. Following its agreement to sell the Prenatal Health testing business to Labcorp, Myriad expects revenue growth to improve by over 1 percentage point and gross margin by more than 5 points post-sale. The company also anticipates significant profitability gains in 2027, supported by process improvements and AI-enhanced workflows.

Myriad Genetics' updated 2026 revenue outlook provides context for market activity today. For readers following broad cryptocurrency trends, here is Pluang's market snapshot as of Nov 07, 2026 08:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 37 rose and 12 fell. Notable movers include SXP (Solar) down 46.27% at Rp37 with a typical hold time of 94 days, BAL (Balancer) up 11.14% at Rp16.297 with a typical hold time of 85 days, and EOS (EOS.IO) up 8.13% at Rp12.649 with a typical hold time of 87 days.

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