Benchmark Downgrades Foundation Medicine (FMI) to Hold
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Foundation Medicine Announces 2016 Third Quarter Results and Recent Highlights
November 2, 2016 4:01 PM EDTCAMBRIDGE, Mass.--(BUSINESS WIRE)-- Foundation Medicine, Inc. (NASDAQ: FMI) today reported financial and operating results for its third quarter ended September 30, 2016. Highlights for the quarter included:
Achieved third quarter revenue of $29.4 million, 16% year-over-year growth; Reported 11,627 clinical tests in the third quarter, 45% year-over-year growth; Grew FoundationCORE, the companys molecular information... More
