Piper Jaffray Raised PT Following Nanosphere (NSPH) Q1

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Canaccord Genuity Reiterates Buy Following Nanosphere (NSPH) Q1 Results

May 13, 2015 10:56 AM EDT

Canaccord Genuity reiterate their Buy rating on Nanosphere (NASDAQ: NSPH), and raised the price target to $5.00 (from $1.50), following Q1 results. NSPH reported revenues of $4.6M, which matched Canaccord's estimate and beat the Street estimate of $4.4M. This comes after a (20-for-1) stock split... More

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

May 11, 2015 5:32 PM EDT

Nanosphere (NASDAQ: NSPH) reported Q1 EPS of ($1.29), versus ($1.79) reported last year. Revenue for the quarter came in at $4.62 million, versus $4.5 million reported last year.

anosphere also announced today that it has entered into a definitive agreement with a dedicated healthcare institutional investor in a registered direct offering for $4,400,000 of convertible preferred stock... More