$MYGN

MYRIAD GENETICS INC

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No SEC Form 4 filings for $MYGN in the last 30 days.

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Why Did RBLX, HTZ, MYGN Stocks Plunge To 52-Week Lows Last Week?

Roblox (RBLX), Hertz (HTZ) and Myriad Genetics (MYGN) fell to 52-week lows as investors cited weaker outlooks and operational issues. RBLX dropped after Q2 revenue of $1.47B missed expectations and it withdrew its 2026 outlook. HTZ slid on margin pressure and $11.6B debt. MYGN sank after Q2 revenue of $190.7M missed and it cut its full-year forecast.

Myriad Genetics (MYGN) Stock Sinks As Revenue Reset Deepens Loss Fears

Simply Wall St reports Myriad Genetics (MYGN) shares fell nearly 47% in a day after results showed a revenue reset and loss fears. Q2 revenue was $190.7m, down 11% year over year, and full-year 2026 sales guidance was cut to $770m to $790m. Adjusted EBITDA guidance was suspended.

MYGN sentiment & insider activity

Over the past 7 days, alphai's AI scored 3 news stories mentioning MYGN (MYRIAD GENETICS INC). Coverage has skewed bearish: 0 bullish, 0 neutral, and 3 bearish.

Recent MYGN coverage spans earnings, market movers and technology.

What's driving MYGN

  • Guidance reset and profitability target suspension materially worsened the outlook, supporting further de-risking.

    stocktwits.com · Aug 7, 2026

  • Guidance cut tied to prenatal test weakness implies near-term demand softness and margin pressure risk.

    finance.yahoo.com · Aug 2, 2026

  • The article frames a revenue reset driven by pricing and payer reimbursement pressure, with guidance suspension increasing downside uncertainty.

    simplywall.st · Aug 2, 2026

  • Guidance suspension plus ongoing reimbursement pressure increases downside risk to 2026 profitability while initiatives aim to stabilize collections and margins.

    finance.yahoo.com · Aug 1, 2026

  • Operational efficiency gains in revenue cycle management could improve cash conversion and reduce labor costs, but the article provides no financial guidance.

    aol.com · Jul 31, 2026

alphai scores every news story that mentions MYGN with an AI model for sentiment and relevance, and aggregates insider trades from MYRIAD GENETICS INC's SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $MYGN

Score
$MYGNMedAI 8/10

Myriad Genetics Q2 Earnings Call Highlights

Myriad Genetics (MYGN) suspended adjusted EBITDA guidance due to uncertainty around initiatives. In Q2 it reported an adjusted EBITDA loss of $16.9M and adjusted loss per share of $0.25. Gross margin fell to 66.6% (66.6% excluding an $11M estimate impact: 68.4%). Liquidity was about $190M. Management cited worsening payer reimbursement friction and launched revenue-cycle and efficiency initiatives.

$MYGNLow

Myriad Genetics rebuilt its AI platform after costs ballooned. Now, it can process documents in seconds.

Myriad Genetics said it rebuilt its AI document-processing tool, Image Genius, after earlier versions were costly and slow. Working with AWS, it moved the platform to Amazon Bedrock. Myriad reported processing time fell from about 10 minutes to 20 seconds per document and saved about 300 staff hours monthly on ~9,000 prior authorizations. Rollout is planned into 2027.

$MYGNHighAI 9/10

Why Myriad Genetics (MYGN) Shares Are Falling Today

Myriad Genetics (MYGN) shares fell 46.1% after the company reported Q2 2026 results that missed Wall Street expectations and cut its full-year forecast. Revenue was $190.7 million, down 10.5% year over year, with an adjusted loss per share of $0.25. Full-year revenue guidance was reduced to a $780 million midpoint.

$MYGNHighAI 9/10

Myriad Genetics (NASDAQ:MYGN) Reports Sales Below Analyst Estimates In Q2 CY2026 Earnings, Stock Drops 28.6%

Genetic testing company Myriad Genetics (NASDAQ: MYGN) fell short of the market’s revenue expectations in Q2 CY2026, with sales falling 10.5% year on year to $190.7 million. The company’s full-year revenue guidance of $780 million at the midpoint came in 9.7% below analysts’ estimates. Its non-GAAP loss of $0.25 per share was significantly below analysts’ consensus estimates. Is now the time to buy Myriad Genetics? Find out by accessing our full research report, it’s free.

$MYGNMed

MYRIAD GENETICS INC (MYGN): Results of Operations and Financial Condition

MYRIAD GENETICS INC (MYGN) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 ex991mygn-xearningsrelease.htm EX-99.1 Document Exhibit 99.1 Myriad Genetics Reports Second Quarter 2026 Financial Results; Deploying New Initiatives Focused on Driving Increased Efficiency, Productivity and Scalability Highl ights • Second quarter 2026 revenue of $190.

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