March 8, 2018 / 11:06 PM / 5 months ago

BRIEF-Genomic Health Reports Q4 Earnings Per Share $0.05

March 8 (Reuters) - Genomic Health Inc:

* GENOMIC HEALTH ANNOUNCES 2017 FOURTH QUARTER AND YEAR-END FINANCIAL RESULTS, PROVIDES 2018 FINANCIAL OUTLOOK

* SEES 2018 REVENUE FROM $ 366 MILLION TO $382 MILLION

* GENOMIC HEALTH INC - SEES 2018 GAAP BASIC EPS OF $0.00 TO $0.14

* GENOMIC HEALTH - ‍WILL NO LONGER PROVIDE ONCOTYPE SEQ LIQUID SELECT TEST OR FURTHER INVEST IN NON-PROPRIETARY NGS-BASED PANELS​

* GENOMIC HEALTH INC - SEES 2018 NON-GAAP BASIC EPS IN RANGE OF $0.39 TO $0.56

* Q4 EARNINGS PER SHARE VIEW $0.07, REVENUE VIEW $88.9 MILLION -- THOMSON REUTERS I/B/E/S

* ‍WILL REDUCE POSITIONS BY ABOUT 10 PERCENT & TAKE A CHARGE OF ABOUT $10 MILLION IN Q1​

* FY2018 EARNINGS PER SHARE VIEW $0.34, REVENUE VIEW $383.8 MILLION -- THOMSON REUTERS I/B/E/S

* GENOMIC HEALTH - IN 2018, PLANS TO DIRECT RESOURCES TO EXPAND ITS ONCOTYPE DX OFFERING

* GENOMIC HEALTH - TO NO LONGER PROVIDE ONCOTYPE SEQ LIQUID SELECT TEST/FURTHER INVEST IN NON-PROPRIETARY NEXT-GENERATION SEQUENCING (NGS)-BASED PANELS

* IN CONNECTION TO THE SHIFT IN FOCUS, CO WILL REDUCE POSITIONS BY ABOUT 10 PERCENT

* GENOMIC HEALTH-TO TAKE CHARGE OF ABOUT $10 MILLION IN Q1 FOR COSTS WITH PERSONNEL REDUCTIONS&WRITE-OFF OF CERTAIN ASSETS ASSOCIATED WITH NGS-BASED PANELS Source text for Eikon: Further company coverage:

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