Sure. As many of you know, Doug joined NeoGenomics in February as our Chief Strategy Officer and has recently also become responsible for Investor Relations. In our core oncology business, revenue grew 28% sequentially and 4% year-over-year. The promising recovery in our core oncology business along with a significant contribution from COVID-19 PCR testing significantly improved profitability. If you look at the second quarter, we really saw two things happen. So it was a combination of the existing trial enrollments[Phonetic] returning back to maybe more normal enrollment numbers as well as for the new trials finally starting. Great. NIO's Chinese name, which translates to “Blue Sky Coming” originated from our vision of a future filled with blue skies. Part of that process, by the way includes whole exome sequencing that we -- we're working with them through our Neo La Jolla laboratory that George mentioned. [Operator Instructions]. Initial feedback from physicians on the high quality of our offerings has been encouraging and we believe that adoption will continue to increase steadily over time. Modern oncology drug development continues to select for smaller groups of patients defined by unique molecular modifications and our pharma clients now ask for a much larger range of molecular targets. George will share some of our recent investments to add capabilities for future growth in a few minutes. So we think that cancer diagnosis and therapy selection and monitoring are all obviously essential for cancer patients and there is a lot of postponement and delay in this activity and I think we're starting to see that come back and our volume, as we said, is reflecting that. Remarkably, the recovery and profitability occurred despite significant change and disruption to our business. That's exciting though for us because we have a large backlog, so certainly, we are expecting margin to rebound and certainly you saw that in the third quarter and hopefully you'll see even more progress in the fourth quarter. To-date, we haven't done a lot in terms of supporting basic clinical research, but we do think that is an opportunity as well. Well, thank you, George. Operator, you may now open up the call for questions. Precision Medicine during this Crisis. There has been a lot of natural growth for us in next-generation sequencing over the last number of quarters, and that really continued in quarter three and we would expect to grow next-generation sequencing kinds of products at an outsized pace even going forward. Before turning the call back to Doug VanOort, I want to let everyone know that we'll be making a copy of our prepared remarks for this morning's call available on the Investor Relations section of our website shortly after the call is completed. Well, thanks, Puneet. So I think the trends that we're seeing and as I said, Tejas, we're optimistic that we're going to continue to see the same kind of growth trends that we've been recently experiencing and October has been relatively strong. George A. Cardoza -- President, Pharma Services. 1 30. Yeah, the recovery really was pretty broad-based and really did progress and strengthen as the quarter ended and is continuing to strengthen into October. Understood. Douglas Brown -- Chief Strategy and Corporate Development Office. Now that may change but that's the situation. Oncology practices were a little slower to give access to salespeople because you have more of a concentration of patients in a waiting room. We're expecting quarter four to be quite strong in pharma. Well, thank you, Kathryn. What was the year-over-year metrics for the broader cancer market? Alex Nowak -- Craig-Hallum Capital Group -- Analyst. Fair enough. Encouragingly, we gained significant momentum in our core oncology business throughout the quarter. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Clearly, we're seeing some of that impact in the short term that as we go forward into 2021, we're fully expecting that we're able to gain some efficiencies as that has decoupled. DSOs decreased 16 days sequentially to 76 days. While the timing of the COVID-19 pandemic has delayed the rebound in margins from playing out as quickly as we would have liked, we continue to believe that we are in a great position to benefit from our investment. Neogenomics Inc Q3 2019 ... Investor Relations. I mean, we've got -- we did long-term guidance here, where we said, I think you should expect 1% to 3% decline in our AUP, but we've got a variety of dynamics affecting that, one that Puneet asked about earlier was the impact of mix of next-generation sequencing in these other assays that are higher priced that might have on it. When you think about the different services that you guys offer and looking at your volume numbers, obviously you mentioned in the release that core oncology business looks to be a V-Shape recovery. If I could follow up with -- on NGS as well on -- as there are two test in the marketplace that recently received FDA approvals for those respective assays. Thank you, Doug. Market data powered by FactSet and Web Financial Group. For perspective, revenue for Pharma Services during this past quarter is 3.5 times higher than it was in the first quarter of 2017 and we're excited about our future prospects. As the price point of whole exome sequencing continues to fall, pharma sponsors are increasingly showing a preference by looking at 19,000 genes, rather than just 300. What we're seeing despite resurgence and unemployment continuing at levels that they are at is that our business is recovering. The positive momentum has continued in the first three weeks of October with daily test volumes up approximately 8% over September. The presentation will be webcast live and accessible online via the investors section of the Company's website, www.neogenomics.com. We continue to see the facility, which will triple our current lab footprint in Fort Myers and how is a state-of-the-art molecular land as a differentiator for our company. Turning to the balance sheet. About NeoGenomics, Inc. NeoGenomics, Inc. specializes in cancer genetics testing and information services. Yeah, we're going to ask Rob to try to add some color to that one, David. Clinical division revenue per test was $359, down 3% year-over-year and up 2% sequentially. We also believe that our pharma business is stronger than it has ever been and we are well positioned to capitalize on a robust environment for oncology therapy development. NeoGenomics offers lab services for oncology clinical trials. We are more confident everyday that we are on a steady path toward growth levels consistent with our historical long term guidance. I would say that our -- the current trends, we've had a resurgence recently in COVID cases, but it doesn't seem to be affecting our clinical business. As with any integration, we had to transition this business from platforms utilized by Human Longevity companywide to the NeoGenomics infrastructure and platforms. I'd like to recognize the approximately 1,680 NeoGenomics team members around the world for their dedication and commitment to our company and to building a world-class oncology diagnostics program. Got it. That's super helpful. We probably will come back to you on a future quarter with more color and more specifics around those activities. Appreciate your time. Stock Advisor launched in February of 2002. An archive of the web-cast will be available until … During the second and third quarters, we invested considerable resources to set up a high quality, high capacity COVID-19 testing lab and continued to invest in Pharma Services next-generation sequencing and commercialization efforts. Incidentally, if you are listening to this conference call via webcast only and would like to submit a question, please feel free to email us at charlie.eidson@neogenomics.com during the Q&A session and we will address your questions at the end if the subject matter hasn't already been addressed by our call-in listeners. An archive of the web-cast will be available until … Next, we go to the line of Ivy Ma with Bank of America. I don't want to belabor the macro point but I am getting questions on that, so I just wanted to maybe ask it different way. Were there certain areas in your offering that came back stronger than others and anything to note there just to give us a better sense of the recovery? Well, thank you, Melinda. And of course would appreciate any color on test utilization for the next couple of quarters if you have any visibility. Our team in La Jolla has been extremely busy working on proposals from our sales team and we've signed several contracts in our current backlog based on their work. Next, we go to the line of Jacob Johnson with Stephens. Hey guys, good morning. So that's where we are at the present time. Today, in fact, we've significantly exceeded our year one revenue expectations though those were relatively small. But we've seen that start to open up more and more recently, and then some of those geographies that have remained a little bit tighter have loosened a little bit more recently. And then, maybe just one last one. Kathryn B. McKenzie-- Chief Financial Officer. I'll make some closing comments before we open it up to questions and answers. And we've seen some success with our previous projects and sponsored testing programs and I think it's a real competitive advantage for us to be able to do the development work on the Pharma Services side and then offer it clinically through our channel access to oncologists and pathologists. While we anticipated that the acquisition would be a temporary drag on our gross margins in 2020, we remain very excited about our La Jolla business, which we've actually -- we're actually not calling Human Longevity anymore. Pharma research-related services have remained strong all year and informatics-related revenue has been extremely strong. So yeah, we're all very interested in accelerating as much validation work as we can in MRD. We'll return to Mr. VanOort for finishing or -- excuse me, for final comments. Investor Relations Corporate Profile. The Company provides one of the most comprehensive oncology-focused testing menus in the world for physicians to help them diagnose and treat cancer. Bill Bonello, President of our Informatics Division, now leads a team of 30 professionals focused on this offering for our clients. Track . This morning, I will begin by commenting on quarter three results including some encouraging market trends we are seeing in our core business, and then will provide a high level review of key strategic areas of investment. 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