Clarient, Inc. (CLRT) news stock charts
Clarient, Inc. (CLRT) Investment Summary:
Clarient, Inc., a Delaware corporation ("Clarient", the "Company", "we", "us" or "our"), was founded and organized in 1993 and is headquartered in Aliso Viejo, California. Our vision is to improve the lives of those affected by cancer by bringing clarity to a complex disease. Our mission is to be the leader in cancer diagnostics by dedicating ourselves to collaborative relationships with the health care community as we translate cancer discovery and information into better patient care. With the completion of the human genome project in the late 1990s, medical science has entered a new era of diagnostics that will move us closer than ever before to understanding the molecular causes for complex diseases, particularly cancer. As a result, the landscape of cancer management is undergoing significant change. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f04%2f01%2f0001047469-08-003889.html#FIS_BUSINESS"CLARIENT INC (CLRT:NASDAQ)
Snapshot of CLARIENT INC (CLRT)
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OPEN
$2.65
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PREVIOUS CLOSE
$2.63
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DAY HIGH
$2.66
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DAY LOW
$2.60
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52 WEEK HIGH
09/22/09 - $4.43
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52 WEEK LOW
03/23/09 - $1.64
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MARKET CAP
204.3M
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AVERAGE VOLUME 10 D
476.0K
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EPS TTM
$-0.16
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SHARES OUTSTANDING
78.4M
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CLRT Does Not Pay Dividends
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P/E TTM
--
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| K = Thousands M = Millions B = Billions | ||
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Key developments for CLARIENT INC (CLRT)
Clarient, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2009. Fourth quarter 2009 net revenue was $23.3 million, compared to $21.9 million for the same period in 2008. Operating loss for the fourth quarter of 2009 was $2.3 million compared with operating income of $184,000 for the same period of 2008. Net loss applicable to common stockholders for the quarter was $2.7 million, or $0.03 per basic and diluted share compared to $2.2 million, or $0.03 per basic and diluted share reported last year. Loss from continuing operations, net of income taxes was $2.7 million or $0.03 per basic and diluted share compared to $2.2 million or $0.03 per basic and diluted share reported last year. Adjusted EBITDA loss for the quarter was $0.5 million against adjusted EBITDA of $1 million reported last year. Operating results for the current quarter and the year were impacted by severance of $0.7 million as well as one-time transaction-related expenses of $0.8 million including $0.5 million from corporate development opportunities in early 2009 that did not transpire. Net revenue for the full year was $91.6 million, a 24% increase over the $73.7 million earned in 2008. For the full year 2009, operating loss was $3.1 million versus an operating loss of $1.5 million for the twelve months ended December 31, 2008. For the full year 2009, the net loss was $6.1 million, or $0.08 per share. However, the net loss applicable to common stockholders for the year was $10.3 million, or $0.13 per basic and diluted share compared to $9.6 million, or $0.13 per basic and diluted share reported last year. Net loss applicable to common stockholders for the year included a non-recurring $4.3 million non-cash deemed dividend arising from a "beneficial conversion feature" relating to the May 2009 tranche of the preferred stock private placement transaction with Oak Investment Partners. Loss from continuing operations, net of income taxes was $7.6 million or $0.14 per basic and diluted share compared to $9.6 million or $0.13 per basic and diluted share reported last year. Adjusted EBITDA for the year was $3.1 million against $3.5 million reported last year. Based on Clarient's current revenue run rate, anticipated new product introductions and other market factors, Clarient expects net revenue for the full year 2010 to range between $108 million to $115 million. This increase would represent a year-over-year growth rate of between 18% and 25% from 2009 net revenue. The company also indicated that it is expecting to report net income for the 2010 fiscal year.
Clarient, Inc. expected to Report Q1 2010 Results on May 6, 2010. This event was calculated by Capital IQ (Created on March 10, 2010).
Clarient, Inc. announced that they will report Q4, 2009 results on 03/10/2010
Clarient, Inc. financial resources
CLRT Competitors
| Company | Last | Change |
| AVEO Pharmaceuticals Inc | $8.77 USD | -0.07 |
| CytoCore Inc | $0.13 USD | -0.052 |
| Exiqon A/S | kr9.25 DKK | +0.25 |
| Genomic Health Inc | $18.86 USD | -0.03 |
| Genoptix Inc | $35.61 USD | -0.42 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | CLRT | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 2.3x |
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| Price/Book | 19.7x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 1.9x |
Not meaningful
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CLRT |
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CLRT transactions
| Type Date |
Target |
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Merger/Acquisition
December 21, 2009 |
Applied Genomics, Inc. |
More Recent Financial News About Clarient, Inc.
New Data Indicate Effectiveness of Clarient's Ovotax(TM) Test for Ovarian Cancer
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Clarient Reports 2009 Fourth Quarter; Year-End Results
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Clarient CEO Ron Andrews to Present at the Roth Annual OC Growth Stock Conference in Dana Point, CA
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Clarient Reports 2009 Fourth Quarter; Year-End Results
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Q4 2009 Clarient, Inc. Earnings Release - After Market Close
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CLARIENT, INC Files SEC form 8-K, Results of Operations and Financial Condition
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Clarient CEO Ron Andrews to Present at the Roth Annual OC Growth Stock Conference in Dana Point, CA
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Clarient to Release 2009 Fourth Quarter and Year-End Financial Results on Wednesday, March 10th
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Skymark Research Initiates Independent Research Coverage on Clarient, Inc.
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Skymark Research Initiates Independent Research Coverage on Clarient, Inc.
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Clarient to Release 2009 Fourth Quarter and Year-End Financial Results on Wednesday, March 10th
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Clarient Launches New Lung Cancer Test
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Clarient CEO Ron Andrews to Present at the UBS 20th Annual Global Healthcare Services Conference in New York City
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Clarient Launches New Lung Cancer Test
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Clarient CEO Ron Andrews to Present at the UBS 20th Annual Global Healthcare Services Conference in New York City
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Clarient, BioView Initiate Alliance to Finalize Development and Commercialize Non-Invasive Molecular Diagnostic Test for Early Detection of Lung Cancer
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Clarient CEO Ron Andrews to Present at Jefferies 2010 Global Healthcare Services Conference in New York City
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Clarient CEO Ron Andrews to Present at Jefferies 2010 Global Healthcare Services Conference in New York City
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Clarient Acquires Applied Genomics, Inc.
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Clarient CEO Ron Andrews to Present at J.P. Morgan 28th Annual Healthcare Conference in San Francisco
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