🔴 GRAIL is trading 12.47% down in after-hours trading after Q3 revenue missed estimates

GRAIL is trading at $125.75 (-12.47%) in after-hours trading after Q3 revenue came in below consensus.

• Its November 4 Q3 report showed $37.5 million in revenue versus the $44.21 million consensus estimate, despite 24% growth in Galleri test volume. Results were released after the close, as scheduled.
• Loss per share was $2.21 versus $2.78 estimated. The narrower-than-expected loss did not offset the revenue shortfall, the clearest company-specific explanation for the after-hours drop.