Foundation Medicine (FMI) Misses Q1 EPS by 6c

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Foundation Medicine Announces 2015 First Quarter Results and Recent Highlights

May 11, 2015 4:00 PM EDT

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Foundation Medicine, Inc. (NASDAQ: FMI) today reported financial and operating results for its first quarter ended March 31, 2015. Highlights for the quarter included:

7,854 clinical tests reported in the first quarter, 67% year-over-year growth First quarter revenue of $19.3 million, 68% year-over-year growth FoundationCORE molecular information knowledgebase grew to approximately 43,000 patient... More