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Sequenom (SQNM) Sees 2011 Rev Growth of 23%

January 9, 2012 6:46 AM EST
Sequenom, Inc. (NASDAQ: SQNM) sees total revenue growth of approximately 23 percent year-over-year for 2011, which compares favorably to the consensus.

The company also announced:

  • Over 21,000 total prenatal and retinal diagnostic tests were billed during the year.
  • Sales in the Genetic Analysis business segment were up approximately 6 percent from 2010. (unaudited), each quarter improving over the same period in the prior year.
  • Positive results following the October 2011 launch of Sequenom Center for Molecular Medicine's (Sequenom CMM) MaterniT21 laboratory developed test


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