02:26 PM EDT, 05/10/2024 (MT Newswires) -- CareDx ( CDNA ) shares were up nearly 31% in recent Friday trading, a day after the company reported its Q1 results ahead of consensus.

The company reported a Q1 non-GAAP loss of $0.03 per diluted share, narrowing from a loss of $0.11 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.21.

Revenue for the quarter ended March 31 was $72 million, down from $77.3 million a year earlier.

Analysts surveyed by Capital IQ expected $63.1 million.

Price: 14.48, Change: +3.42, Percent Change: +30.92