Nanosphere (NSPH) Reports Q1 Loss of $1.29; Enters $4.4M Direct Conv. Preferred Placement

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Nanosphere Announces Record Q1 2015 Results, New and Expanded Debt Facility, $4.4 Million at the Market Registered Direct Offering and Next Generation Verigene System Progress

May 11, 2015 5:31 PM EDT

Corporate Highlights:

Record Q1 revenues of $4.6 million confirming full year guidance   New and Expanded Debt Facility   Pricing of $4.4 million at the market registered direct offering   Next Generation Verigene System progress

NORTHBROOK, Ill., May 11, 2015 (GLOBE NEWSWIRE) -- Nanosphere, Inc. (Nasdaq: NSPH), a company enhancing medicine through targeted molecular diagnostics, today reported financial and operating results for the first quarter ended March 31, 2015 and other recent developments.

Nanosphere achieved record revenues for the first quarter of $4.6 million compared to $3.3 million in the first quarter 2014. This... More

Nanosphere Announces Record Q1 2015 Results, New and Expanded Debt Facility, $4.4 Million at the Market Registered Direct Offering and Next Generation Verigene System Progress

May 11, 2015 5:30 PM EDT

Corporate Highlights:

Record Q1 revenues of $4.6 million confirming full year guidance   New and Expanded Debt Facility   Pricing of $4.4 million at the market registered direct offering   Next Generation Verigene System progress

NORTHBROOK, Ill., May 11, 2015 (GLOBE NEWSWIRE) -- Nanosphere, Inc. (Nasdaq: NSPH), a company enhancing medicine through targeted molecular diagnostics, today reported financial and operating results for the first quarter ended March 31, 2015 and other recent developments.

Nanosphere achieved record revenues for the first quarter of $4.6 million compared to $3.3 million in the first quarter 2014. This... More